Banking

Businessman sues BoG to stop warnings

A businessman, Daniel Darko, has filed a suit...

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...

BoG injects more dollars into economy

The Bank of Ghana (BoG) has stepped up...

Panic withdrawals hit Menzgold – AdomOnline.com

Scores of customers of gold trading company, Menzgold...

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...

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,...

Indigenous banks want more time to pay GHC400m minimum capital

The ten indigenous universal banks in Ghana are asking for an extension of the deadline for them to meet Bank of Ghana's GHC400 million...

77% transactions on Ecobank is digital – MD

Ecobank Ghana Managing Director, Dan Sackey has said currently 77 per cent of all transactions with the bank are digital.He told journalists at the...

ECOBANK to pay GHC400m minimum capital June

Ecobank Ghana said it is set to pay the GHC400 million minimum capital requirement (MCR) by the Bank of Ghana June this year.All banks...

Open Letter to BOG Boss: Don’t make Ghanaians spectators of finance industry

Hello Dr. Governor, I dare say that whereas the GHC400 million (US$88.5 million) minimum capital requirement (MCR) you have placed on banks is not a...

Ecobank Group partners with MTN to deepen financial inclusion across Africa

MTN has announced a collaboration with Africa’s leading independent banking group, Ecobank Transnational Incorporated (ETI), to leverage each other’s assets and offer more value...

Omnibank is the official bank for 2018 pilgrimage

OmniBank has signed an agreement with the Ministry of Chieftaincy and Religious Affairs as the official Bank and partner for the Christian pilgrimage to...

No dividends, as banks struggle to raise GH¢400m

Despite impressive performances in 2017, banks are not likely to deal out dividends this year; at least not so generously, as they struggle to...

UniBank takeover: No customer will lose money – BoG

The Bank of Ghana has assured customers of uniBank that their savings are safe, despite handing over management of the financial outfit to KPMG. The...

BREAKING: Bank of Ghana takes over Unibank

The Bank of Ghana has announced it has taken over the management of private bank, Unibank. The Governor of the central bank explained at a...

FIDO Money Lending receives funding from DEG’s up-scaling programme

FIDO Money Lending Limited (FIDO), an innovative digital-first financial institution based in Accra, Ghana, received funding to the amount of 500,000 Euro from the German...

GSE lifts suspension on adb

The Ghana Stock Exchange (GSE), has lifted a...

ADB dismisses uniBank takeover report

The management of the Agricultural Development Bank (ADB) has dismissed reports claiming that uniBank has taken over 51 percent shares. Reports indicate that uniBank has...

The love of Valentine specially made for MTN & JUMIA customers

It’s just two days away to the end of a love package specially prepared for customers called MTN&Jumialovesyou. The exceptionality in the service rendered...

MTN secures GH¢510m syndicated loan facility

The loan facility was arranged by Ecobank Ghana and Ecobank Capital, with Barclays Bank as the main agent. The interest on the loan will be...

Black Friday deals; fastest fingers a thing of the past

Fastest fingers? Too much stress in this era where time is scarce. In the past, it used to be fun and exciting having to...

National ID, Digital Property Address will reduce loan interest rates – Dr Bawumia

Ghanaians can look forward to a reduction in the amounts they pay as interest on loans when the various measures aimed at formalising the...

ADB shares soar 77% on the back of positive financial performance

Shares of Agricultural Development Bank (ADB) has witnessed 77% increment since the bank was listed on the Ghana Stock Exchange (GSE). The share price increased...

ADB pledges GHȻ200m to One-District-One-Factory project

The Agricultural Development Bank (ADB) Limited has pledged GHȻ200 million to support the One-District-One-Factory (1D1F) initiative by the government, which seeks to industrialise the...

FULL TEXT: 2018 budget statement

“Rt. Hon. Speaker, Honourable Members of Parliament, on the authority of the President of the Republic, Nana Addo Dankwa Akufo-Addo, I beg to move...