Banking
GOVERNMENT ESTABLISHES NEW INDIGENOUS BANK; BANK OF GHANA REVOKES LICENSES OF FIVE BANKS AND APPOINTS RECEIVER IN RESPECT OF THEIR ASSETS AND LIABILITIES – The Full Release
Dr Ernest Addison, Governor, Bank of Ghana 1. Ladies and Gentlemen, as you will all recall, we have earlier made the...
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Construction Bank expected to fold up by Aug 31
JoyBusiness has reliably been informed that Construction Bank is expected to fold up by the end of August 2018. The...
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Ecobank reclaims position as biggest bank in Ghana
Ecobank Ghana Limited (GSE:EGH) has reclaimed its position as the biggest bank in Ghana with total assets of GHS10.05bn, buoyed...
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The CID Stops GH¢326m bank theft
The Financial Forensics Unit (FFU) of the Criminal Investigation Department (CID) of the Ghana Police Service has arrested 12 suspects...
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BoG gets tough on Financial Holding Companies with new directive
The Bank of Ghana has revived its supervisory role with yet another directive for the financial sector. In the latest...
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Credit Referencing Activities Growing
Banks and other financial institutions are always faced with the decision to grant ‘the loan’ or not to grant. That...
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Capital Market Development – Mid Year 2018 Budget.
Ghana's capital market has indeed some good level of activities from 2016. This has partly been driven by the emergence...
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GN, Sahel and Premium banks to merge?
Citi Business News has gathered three local banks Premium, GN and Sahel Sahara banks have agreed to merge. The move...
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Local banks reduce staff to meet GH¢400m minimum capital
With the clock ticking towards the deadline for universal banks in the country to increase their minimum capital to GHc400...
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FBNBank Ghana will meet the minimum requirement
Management of FBNBank Ghana, says they are ready and confident of meeting the Bank of Ghana’s minimum capital requirement before...
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