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Banking and Finance
Full Payments ongoing – Receiver confirms
The Receiver for 347 Micro Finance companies as well as 23 Savings and Loans and Finance House companies whose licenses were…
Over 10,000 depositors receive payments – says Receiver
The Receiver for the defunct financial institutions says over 10,000 claims totalling a value of GH¢610 million have been paid so…
BoG clamps down on entities pricing and accepting payments in dollars
The Bank of Ghana says it will not hesitate to penalize persons who flout the Foreign Exchange Act by pricing and taking…
Agric Minister to meet BoG, Finance Ministry on financing module to support…
The Minister of Food and Agriculture is to meet with officials of the Bank of Ghana and the Ministry of Finance on a proposed…
NIC improving verification of marine insurance at the ports – Commissioner
The National Insurance Commission (NIC), says it is collaborating with other insurance companies in the marine insurance sector to…
Financial institutions to be trained on agricultural credit risk management
Banks and other financial institutions in the country will soon be trained with the requisite practical knowledge and skills…
BoG to establish Enterprise Credit Scheme to support SMEs
As part of efforts to make access to credit much easier for Small and Medium Enterprises, SMEs, particularly in the agricultural…
Collapse of indigenous banks unhealthy for economy – IEA
The Institute of Economic Affairs (IEA), an economic policy think tank, has noted that the collapse of indigenous banks as a…
“Our goal is to surpass developed countries,” African Development Bank VP…
Africa is not only ready for the fourth industrial revolution. It is set to outdo the achievements of the developed world. That…
StanChart makes strides with E-payment solutions
Globally, the dominance of cash payments continues to decline significantly. According to the 2018 Global Payments Report by…