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Banking and Finance
Average lending rates increase sharply to 35.58% in December 2022
Average lending rates shot up sharply to 35.58% in December 2022, from 33.87% recorded in November 2022, data from the Bank of…
Banks profit fall by 18.9% to ¢3.9bn in 2022
Profit in the banking industry declined by 18.9% in 2022, driven by the mark-to-market losses on investments, higher impairments…
Private Health Insurance players unhappy with GAB activities
There is simmering tension in the Private Health Insurance industry following the incorporation and subsequent operations by the…
T-bills auction: Government records 60% oversubscription
Following a significant progress with the Domestic Debt Exchange (DDE) programme, government Treasury bills (T-bills) sale was…
Total Mobile Money transactions hit record ¢1.07trillion in 2022
Total Mobile Money transactions in 2022 hit a record ¢1.07 trillion despite the existence of the Electronic Transaction Levy…
Interest rates to go up as BoG increases policy rate to 28%
The Monetary Policy Committee of the Bank of Ghana has increased its policy rate by 100 basis points from 27 per cent to 28 per…
Ecobank wins Best Place to Work in Africa 2022 Award
Ecobank Group, the leading pan-African bank, has won the highly coveted Best Place to Work in Africa 2022 Award from the Best…
Adjust fiscal measures and save ¢83.5bn; don’t touch our funds – IBF to…
The Individual Bondholders Forum (IBF) has proposed some fiscal measures it say can help government save ¢83.5 billion, insisting…
Commercial banks should not be faulted for selling cocoa bills – Alhassan…
Former President of the Ghana Association of Banks, Alhassan Andani, says commercial banks should not be faulted for selling cocoa…
Togbe Afede XIV backs individual bondholders’ call for exclusion from…
The Agbogbomefia of the Asogli State, Togbe Afede XIV has supported the position of individual bondholders who are crying for an…