All you need to know about the only bank in Ghana that does not accept deposits
It is public knowledge that a bank is a financial institution that accepts deposits from the public, permit withdrawals and ...
Tag: Bank of Ghana
Minimum capital requirement for Savings and Loans not increased yet – BoG
Second Deputy Governor of the Bank of Ghana (BoG) Elsie Awadzi says the central bank has not yet made any ...
Finance Minister reveals when Savings and Loans sector cleanup will begin
Finance Minister Ken Ofori-Atta has indicated that the planned cleanup of the Savings and Loans sector would happen before the ...
Don’t panic; keep doing business with rural banks – BoG
The Bank of Ghana has refuted social media rumours that its intended clean-up of the rural and community banks sector ...
Customers of Evergreen microfinance demand locked up funds
Hundreds of customers of Evergreen Microfinance at Suhum in the Eastern region have thronged the office premises to demand their ...
Microfinance Licence Revocation: Read the 14 questions and answers released by BoG
The Bank of Ghana, on May 31, 2019, revoked the licences of 386 microfinance and microcredit companies across Ghana. A ...
Alex Mould writes: Banking Crises Part 1; The role of Bank of Ghana
THE REGULATOR IS TO BLAME The current crises within Ghana’s banking sector has left us all perplexed; with many unanswered ...
Private sector owes 97% of banks’ NPLs in 2019 first quarter
The first quarter banking sector report published by the Bank of Ghana has shown that the private sector accounted for ...
Banks face GHc4 bn in loan write-offs
Even as the 23 banks that have survived the Bank of Ghana’s restructuring of their industry plot how to profitably ...
Government to set up Investor Protection Fund
Securities and Exchange Commission (SEC) says the government is in the process of establishing an Investor Protection Fund to secure deposits. ...