High court orders closure of Nsawam GCB branch
The Koforidua High Court on Thursday morning ordered for the closure of the Nsawam branch of GCB Bank due to its failure to release...
First Ghana Savings and Loans appeals for restoration of license
Staff of the First Ghana Savings and Loans (FGSL) Limited have appealed to
government to restore the company’s license to enable it to serve its
customers,...
Bawumia’s spokesperson justifies closure of GN Savings and Loans
Spokesperson of the Vice President, Dr Mahamudu Bawumia, Dr Gideon Boako, says the government does not owe GN Savings and Loans, contrary to the...
PPP guru suspects ‘dirty’ politics in closure of GN Savings and Loans
Director of Operations of the Progressive People’s Party (PPP), Nana Ofori Owusu, has said the closure of Groupe Nduom's GN Savings and Loans Limited...
Shocked Nduom reacts to shut down of GN Savings and Loans by BoG
The Chief Executive Officer (CEO) of Groupe Nduom, Dr Papa Kwesi Nduom, has described as "widely inaccurate" the Bank of Ghana's (BoG) statement...
PDS accounts frozen over anomalies in bank guarantee
The Financial Intelligence Centre (FIC) has frozen the bank accounts of Power Distribution Services (PDS) following the detection of anomalies in the bank guarantee...
GTBank, Ria partner Zeepay to launch MOMO transfer service
Guaranty Trust Bank and Ria Money Transfer have teamed up with Zeepay, a local financial technology company to launch a mobile money transfer service...
ECOBANK supports 16 medical students to study abroad
Ecobank Ghana and its partners have provided support for some 16 medical students to go study abroad as part of the banks annual Sponsored...
Audio: Car dealership company refunds cash to angry customers after failing to deliver
Customers of car dealing company, Eddu Motors Company Limited, based in Kasoa in the Central region will now heave a sigh of relief following...
Opportunity International Marks Staff Welfare Day With a Health Walk and Donation to Akropong School for the Blind
The Management and staff of Opportunity International Savings and Loans (OISL) drawn from various branches of the company, embarked on a 5-kilometer health walk...
National Service person remanded for defrauding GCB customers
A 29-year-old National Service person serving at the...
Town Hall meeting: Bawumia explains Cedi drop [Video]
Vice President of Ghana, Dr Mahamudu Bawumia, has...
Uber Country manager woos customers with juicy packages
As part of efforts to improve customer service,...
UT Bank could’ve survived if BoG had given us time – Kofi Amoabeng
The President of UT Holdings, Prince Kofi Amoabeng...
Nigeria and Ghana now among the leading crypto-markets globally for Paxful
While much of the recent crypto-related news headlines...
BoG officials in collapsed banks scandal in trouble
Finance Minister Ken Ofori-Atta has announced his government’s decision...
SSNIT taps into mobile money to receive contributions
The Social Security and National Trust (SSNIT) will...
Panic withdrawals could collapse economy – Paa Kwesi Nduom
In the wake of the crisis in the...
Panic withdrawals hit Menzgold
Scores of customers of gold trading company, Menzgold Ghana Limited, are trooping to the premises of the company to withdraw their investments.This has come...
Panic withdrawals hit Menzgold – AdomOnline.com
Scores of customers of gold trading company, Menzgold...
2,000 defunct bank staff to lose jobs – Deputy Employment minister
About 2,000 staff of the five defunct indigenous...
Akufo-Addo breaks silence on banking rot [AUDIO]
President Addo Dankwa Akufo-Addo has spoken for the...
Staff of Consolidated Bank asked to re-apply
Staff of Consolidated Bank Ghana (CBG) have been...
BoG makes major changes at top management level
The sources say, however, that the changes have...
Give me back my bank – Duffour sues BOG
Former Governor of the Bank of Ghana and major shareholder of the defunct uniBank Ghana Limited, Dr Kwabena Duffuor, has sued the central bank...
BoG approves merger of Sahel Sahara and Omni banks
The Bank of Ghana has approved the proposal by Sahel Sahara and Omni Bank to consolidate their operations into one entity to help meet...
AUDIO: Otabil’s statement on Capital Bank collapse needless – Banking expert
A banking consultant and finance expert, Dr Richmond...
ICAG to investigate auditors of collapsed banks
The Institute of Chartered Accountants, Ghana (ICAG) has begun an enquiry into the role of auditors in the collapse of seven banks within the last...
Revocation of local banks’ licences is in public interest – BoG
The Bank of Ghana (BoG) says the revocation of the licences of seven indigenous banks within a year was done in the overall best...
VIDEO: BOG Merger: People will soon save under their beds – NDC Man
Former Member of Parliament for Ablekuma Central, Theophilus Chaie Tetteh says the Central Bank is responsible for the collapse of financial institutions in the...
BOG’s merger: Job losses in the offing – Financial Consultant
A Financial Consultant, Ken Thompson, has predicted job...
BOG officials who issued fraudulent licenses to be dealt with – BOG
The Bank of Ghana says officials who issued fraudulent licenses to three of the banks which were merged by the Central Bank to operate...
The 5 CEOs/MDs behind the ‘collapsed’ banks
The Bank of Ghana on Wednesday, August 1,...