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Banking and Finance
Interest rates on falling spree; government T-bills oversubscribed by 40%
Interest rates fell once again as government Treasury bills was oversubscribed by about 40.3% to the tune of ¢3.89 billion.…
Establishment of African Central Bank: West African sub-region outperforms…
The West African sub-region has performed better with regard to compliance with the African Monetary Cooperation Program (AMCP)…
ADB launches new strategy to strengthen agribusiness financing
The Agricultural Development Bank (ADB) PLC has launched a new corporate strategy with a commitment to strengthen agribusiness…
Bank of Ghana honoured at the 2023 National Honours and Awards
Bank of Ghana has been recognized by His Excellency, the President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo for the…
New directions for monetary policy
Monetary theory in economics has consisted of various schools of thought rather than a single unified model.
Each of these…
Banks desert lending for treasury bills
Banks are pushing their funds into treasury securities as an alternative to lending to businesses and households.
This is…
Ghana at the crossroads – cedi depreciation, the price for inflation
Ghana is facing a severe economic downturn that has impacted a large section of the population, with the poor being the worst hit.…
Cedi maintains resurgence momentum against US dollar
The cedi continued its resurgence against the major trading currencies on the retail market last week.
The local currency…
Standard Bank may re-capitalise Ghana subsidiary; makes $81m provision for…
Africa’s biggest lender by assets, Standard Bank is ready to re-capitalise its Ghanaian unit after making provisions to cover more…
Jeremy Awori is new Ecobank Group CEO
Ecobank Transnational Incorporated (ETI), has appointed Jeremy Awori as the new Chief Executive Officer of the Ecobank Group. …