Banking and Finance BoG directs financial institutions to incorporate ‘lenders… Kofi Ahovi May 12, 2022 0 The Central Bank has directed all financial institutions to incorporate a summary of lenders’ rights of enforcement of loan and…
Banking and Finance E-Levy takes off Sunday – GRA, banks, telcos ready for implementation Kofi Ahovi Apr 29, 2022 0 All is set for the Electronic Transactions Levy (E-Levy) to take off on Sunday, as scheduled. The Ghana Revenue Authority (GRA)…
Banking and Finance No Ghana Card, no banking – Banks ready to comply Kofi Ahovi Jan 20, 2022 0 Banks have expressed their readiness to comply with a Bank of Ghana (BoG) directive that mandates them to use only the Ghana Card…
Banking and Finance Most banks do not charge fees for ATM cash withdrawal- BoG Kofi Ahovi Aug 27, 2021 0 A survey of bank charges by the Bank of Ghana conducted in the first quarter of 2021 has revealed that majority of the 23 banks…
Banking and Finance 11 banks gets approval to pay dividend Kofi Ahovi Jul 22, 2021 1 The Bank of Ghana has given approval to 11 out of 23 banks to pay dividend to shareholders in respect of the 2020 financial year.…
Banking and Finance Banks raise concerns over abolishing unfair charges Kofi Ahovi Jun 23, 2021 2 Some commercial banks are raising concerns about the Bank of Ghana’s directive regarding the abolishment of the…
Banking and Finance Banks to take time to cut lending rates Kofi Ahovi Jun 22, 2021 1 Despite the policy rate of the Bank of Ghana going down by one percentage points, it would take time for banks to cut their…
Banking and Finance BoG accuses commercial banks for hindering access to loans Kofi Ahovi Nov 10, 2020 4 The Bank of Ghana (BoG) has accused commercial banks for making it difficult to acquire loans despite the regulator’s effort…