Personal Finance
Directors of 5 closed banks face possible ban from working in financial sector
The former directors of the five banks which were closed down by the Central Bank on Wednesday may struggle taking up new...
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Mauritius Commercial Bank has hinted of plans to move to Ghana for business
Although local banks in Ghana are folding up, Mauritius Commercial Bank sees the West African country as its next gold...
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FIDO and SAF bring financial literacy to 400 students in Dzorwulu
FIDO Money Lending (FIDO), an innovative financial technology company that provides convenient mobile credit services to underbanked individuals, has partnered...
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Gov’t to issue ¢5.7m bond to support newly created Consolidated Bank
Government has reiterated its assurance in ensuring that the banking system is not only resilient and capable of driving the transformation agenda but...
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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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