Browsing Category
Banking and Finance
Stabilising the cedi; BoG to hold series of discussions with banks, forex…
In an effort to halt speculation and stabilitise the foreign exchange market in the country, the Bank of Ghana will hold (Tuesday…
$1 now sells for ¢13.75 as cedi suffers more depreciation
The woes of the Ghana cedi continued as it depreciated further to about ¢13.75 to the US dollar less than a day, after reaching…
Ghana should have signed up for Debt Service Suspension Initiative – World…
The World Bank Group President, David Malpass, has expressed disappointment over Ghana and Nigeria’s decision not to sign up for…
IMF forecasts a fiscal deficit of 9.2% of GDP for Ghana in 2022
The International Monetary Fund is forecasting a fiscal deficit of 9.2% of Gross Domestic Product for Ghana in 2022.
This is…
1$ equals ¢11.62 as cedi depreciation pressures rise
The depreciation pressures on the Ghana cedi continued relentlessly today as the local currency sold at ¢11.62 pesewas in the…
Some banks begin suspending loans to new customers
Some banks in the country have begun suspending loans, particularly to new customers.
This follows the increase in the policy…
ASA Saving and Loans organizes free health screening at Nkoranza
In line with its annual corporate social responsibility, ASA Savings and Loans has organised a free health screening at Nkoranza…
GCB Bank improves services to meet modern banking trends
GCB Bank PLC has modernised its services to bring it up to speed with innovative banking trends, particularly when it comes to…
ECOWAS bank board chair to receive Prix de la Foundation award
The President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), Dr. George Agyekum…
Development Bank pumps GH¢245m into SMEs
The Development Bank Ghana (DBG) has so far disbursed about GH¢245 million to its partner financial institutions for on-lending to…