Banking
What BoG is doing differently to protect depositors and the banking industry
On August 6, the Faculty of Law of the Ghana Institute of Management and Public Administration (GIMPA) organized an online...
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GCB grants moratorium and reduces personal loan interest
GCB Bank has reduced interest rates on personal loans from 26 per cent to 24 per cent per annum with...
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Pressure pushes banks to tighten credit for businesses
Despite measures by the central bank to free-up capital for banks to support the private sector and hasten revival of...
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Total assets of banking sector increased by over 22 percent at end of 2019
The recently released 2019 annual report of the Bank of Ghana indicates an increase in total assets of banks in...
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Banks handle Customer Complaints poorly- Bank of Ghana reports
Findings from the maiden market on-site supervision exercise carried out by the Bank of Ghana indicate that banks are handling...
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Bank of Ghana’s suspension of dividend payments will not discourage investment in shares
Since the Bank of Ghana (BoG) directed the banks and the specialized deposit-taking institution (SDIs) to suspend dividend payments, a...
Read moreBanks in Ghana putting less funds into investments, says Banking sector report
The Bank of Ghana's (BoG) Banking Sector report released in March 2020, indicates a 7.2 percent growth in funds put...
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Coronavirus: Fidelity Bank reduces lending rates for customers
Fidelity Bank Ghana Limited has reduced lending rates on personal loans for qualifying customers to 17.5%, as part of effort...
Read moreKnow how much your bank charges you – Bank of Ghana Report
A survey conducted by the Bank of Ghana (BoG) shows that retail loans attract about 7.75% in charges in addition...
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Ghana’s Financial service providers must stick to their core mandates
An Investment Banker and the Chief Executive Officer of EcoCapital Investment Limited, Mr Dela Agbo, has admonished Ghana's financial service...
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