FIVE BANKS OWE GH¢67.26billion. Angela Amuzu Jul 26, 2024 Five banks in the country – Ecobank, GCB Bank, Absa, Stanbic and Société Générale – held 55.9 percent of all loans…
World Bank approves $250m IDA credit for Ghana Financial… Rhema May 31, 2024 The World Bank has approved a $250 million International Development Association (IDA) credit for Ghana’s Financial…
Housing Minister engages banks on National Homeownership… Rhema May 24, 2024 Minister for Works and Housing, Kojo Oppong Nkrumah has held an engagement session with local banks to discuss the…
Mobile money ecosystem grows over 180% after e-levy… Rhema May 23, 2024 Statistics published by the Bank of Ghana indicates that Ghana’s mobile money ecosystem has grown by a significant…
Nigerian Court upholds provision for banks to collect and… Rhema May 22, 2024 The Federal High Court in Lagos has upheld a provision of the Customer Due Diligence Regulations 2023 that…
‘Thirsty banks’: Ghana’s dilemma with high Cash Reserve… Rhema Apr 8, 2024 A Research Paper by Dr. Richmond Atuahene (Banking Consultant) and Isaac Kofi Agyei (Data & Research Analyst)…
Banks, SDIs instructed to use GFIM end-of-day pricing in… Rhema Apr 5, 2024 In a bid to enhance transparency and standardization in the valuation of securities, the Bank of Ghana (BoG) has…
BoG announces new Cash Reserve Ratio requirements for banks Rhema Mar 26, 2024 In a significant move to fortify the resilience of Ghana’s banking sector, Dr Ernest Addison, Governor of the…
Banks urged to host critical services locally after internet… Rhema Mar 19, 2024 Financial and utility service providers in the country have been asked to host critical services locally following…
Anti-LGBTQ Bill: IMF, World Bank’s reaction after assent… Rhema Mar 13, 2024 Economist and Political Risk Analyst, Dr Theo Acheampong has noted that it is difficult to tell what the next…
Banks to blacklist defaulters, borrowers with bad credit… Rhema Feb 23, 2024 Banks in collaboration with the Bank of Ghana, are implementing stringent measures to…