NANA ADDO BLAMES BOG FOR NOT ACTING RESPONSIBLY YEARS BACK – FINANCIAL SECTOR MESS

Afia Nyarko Asare President Akufo-Addo has criticize the slow pace at which the Bank of Ghana…

RURAL BANKS TO MEET CAPITAL REQUIREMENT OR SANCTION;BoG

By Afia Nyarko Asare The Bank of Ghana has urged rural banks and Microfinance agencies to…

LIST OF SAVINGS AND LOANS COMPANIES IN GOOD STANDING

BY AFIA NYARKO ASARE The Bank of Ghana last Friday decided to revoke the licenses of…

DEPOSITORS OF COLLAPSE FINANCIAL INSTITUTIONS MUST FILE CLAIMS BY SEPTEMBER 12

BY AFIA NYARKO ASARE Individuals who have deposits with any of the collapsed Savings and Loans…

BoG revokes licences of Midland Savings, Ideal Finance, Global Access and 20 others

A statement issued by the BoG on Friday August 16, 2019 said the revocation of the…

DEPOSIT INSTITUTIONS CAUTIONED AGAINST FACILITATION FEES

AFIA NYARKO ASARE The central bank has directed banks and other specialized deposits institutions to desist…

PRIVATE SECTOR LOAN PORTFOLIO TOTALS GHS 74,253.38m (52.6%)

BY AFIA NYARKO ASARE Data made available by the Bank of Ghana indicates that by April…

UMB EMPOWERS SME CUSTOMERS TO MANAGE CASH

The Universal Merchant Bank (UMB), has successfully hosted an engaging SME Clinic for some of its…

CBG’S NET INTEREST INCOME UP 83% BY SECOND QUARTER

The Consolidated Bank of Ghana (CBG) has made a Net Interest Income increase of about 83%…

CBG TO REESTABLISH CONFIDENCE IN THE GHANAIAN FINANCIAL SECTOR

AFIA NYARKO ASARE The Director General of the Securities and Exchange Commission (SEC), Daniel Ogbamey Tetteh,…