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Banking and Finance
COVID-19 pandemic hits hard on Ghana’s economy
An update of the fiscal impact analysis of the COVID-19 pandemic on the economy of Ghana has revealed that the country’s economy…
BoG extends deadline for meeting minimum capital requirements
The Bank of Ghana (BoG) has extended the minimum capital requirement for banks and specialised deposit-taking institutions as well…
Ken Ofori Atta’s Databank Shuts Down over COVID-19 Panic Withdrawals
Following President Akufo-Addo’s announcement of a lockdown in a national broadcast at about 11:00pm on Friday, March 27, 2020,…
UBA to give $14m to Ghana, Nigeria and others
United Bank Of Africa (UBA) has pledged t a donation of $14 million to Ghana, Nigeria and 18 other African countries to help…
Ghana launches Universal QR Code & Proxy pay to boost digital payments
Vice President, Dr. Mahamudu Bawumia, says the launch of the Universal GH QR Code and the Proxy Pay platform should ease the…
Republic Bank defers loan repayment due to COVID-19
In its quest to mitigate the economic impact of the novel Coronavirus pandemic on businesses and staff, The Republic Bank Ghana,…
Containing COVID-19: Ghana Association of Bankers supports with GHS10m
As part of efforts to mitigate the impact of the Coronavirus on the financial services sector, the Ghana Association of Bankers…
African finance ministers call for $100 billion stimulus, debt holiday
African finance ministers have called for a $100 billion stimulus package, including a suspension of debt service payments, to…
GhIPSS waives charges on all transactions
The Ghana Interbank Payment and Settlement Systems Ltd (GhIPSS) has partnered with banks, fintechs and mobile money operators…
GCB Bank provides GH¢100,000 support for covid-19 fight
Ghana’s largest bank, GCB Bank Ltd, has provided GH¢100,000.00 support to the government of Ghana to help the national fight…