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Banking and Finance
National Development Bank to commence operations by July – Ofori Atta
The National Development Bank is set to commence operations by the end of July 2021.
This is according to the Finance…
Govt provides Gh¢5.5 bn bailout for asset management companies
The Security and Exchange Commission (SEC) Ghana has announced that government has made a provision of Gh¢5.5 billion in the…
GHS768m paid to over 6,000 clients of defunct FMCs – SEC
The Securities and Exchange Commission (SEC) has stated that about GHS768 million has been credited to the accounts of some…
Bank profit growth slows to about 6% due to COVID-19 – BoG Report
A slowdown in the growth in gross loans and advances given out by banks in the first 2 months of 2021 due to pandemic-induced…
PCI DSS certification means improved security and assurance for FBNBank…
FBNBank Ghana has announced that it has received PCI DSS certification version 3.2.1. from the Payment Card Industry Standards…
Credit unions appeal for locked-up funds
The Ghana Credit Unions Association (CUA), has called on the government to expedite work on releasing funds belonging to its…
ADB presents ultimate prize to national best farmer
The Agriculture Development Bank PLC (ADB) has officially presented a cheque of five hundred and seventy thousand Ghana Cedis…
Bankers Association highlights need for citizens to reactivate dormant…
The Ghana Association of Bankers has intensified calls by the Bank of Ghana (BoG) to all persons with dormant accounts to…
Accommodating is watchword for monetary policy in 2021
At its recent meeting, the Monetary Policy Committee (MPC) of the Bank of Ghana decided to keep the policy rate at 14.50% for…
Daniel Mminele steps down as Absa Group Chief Executive
The Absa Group Board and the Group Chief Executive, Daniel Mminele, have come to an agreement pursuant to which he has…