Banking

PHOTO: GCB rebrands UT head office

The rebranding of one of the two collapsed Ghanaian-owned banks, UT Bank, which has been taken over by GCB Bank, has started barely hours...

UT, Capital Bank take over: What you need to know

The Central Bank has provided answers to frequently asked questions regarding the take over of UT and Capital Bank. This follows Bank of Ghana revoking the...

MTN's Mohammed Rufai is GITTA CTO of the year

Chief Technical Officer of MTN Ghana, Mohammed Lawal Rufai has been adjudged the Chief Technology Officer (CTO) of the Year at the 2017 Ghana...

Be careful of demons – Kwesi Botchwey cautions government

Former Minister of Finance and Economic Planning, Dr. Kwesi Botchwey, has advised current managers of the Ghanaian economy to be careful of demons that...

Moody's: BoG policy rate cut is credit positive for banks

The rating agency Moody’s says the 150 basis points policy rate cut by the Bank of Ghana last week is credit positive for the...

Kenyan banks face fine for cheating borrowers

The Central Bank of Kenya (CBK) has published new regulations quadrupling the penalties that commercial banks will pay for failing to disclose the true...

Court to begin committal proceedings against six for murder of Fidelity bank official

A state attorney, Ms Joyce Debrah, was expected to start the committal proceedings yesterday but requested for more time to do certain minor corrections...

Ecobank, Allianz launch juicy bancassurance product

Ecobank Ghana, the country’s biggest bank, has struck yet another deal with Allianz Insurance Company to deepen its footprints in the bancassurance market with...

ECOBANK donates GHC197,000 to needy organizations, individuals

Ecobank Foundation has donated items and cash to the tune of GHC196,940 to a number of needy organizations and medical students as part of...

Savings and Loans companies urged to adhere to BoG standards

The Non-Bank Financial Institutions (NBFI) play a critical role in building a strong and viable financial sector for the development of the national economy,...

Finance Minister accused of contempt of Parliament

The Minority has accused the Finance Minister, Ken Ofori-Atta, of contempt of Parliament for failing to implement tax cuts approved by the House.Implementation of...

Ghana’s 2016 gold output increased by 45% – report

Gold output jumped 45 percent in 2016 compared to the previous year as new projects came online and activities expanded across the industry, the...

Ecobank, Mastercard partnership recognised at African Banker Awards

The strategic partnership between the Ecobank Group and Mastercard was recognised at the 2017 African Bankers Awards for ‘Innovation in Banking'.The landmark deal between...

National ID will cut banking cost, boost financial inclusion – Ecobank Boss

Ecobank Ghana Boss, Daniel Kwei-Kumah Sackey has urged government to commit to its promise of delivering the National Identification Cards this year because it...

CDH boss is Group CEO of Year 2016

The Group Chief Executive of CDH Financial Holdings Limited, Emmanuel Adu-Sarkodee has won the prestigious and coveted Group Chief Executive Officer of the Year...

Golden Tulip Accra marks May Day with Selewa African Market

The Golden Tulip Hotel in Accra marked this year's May Day by hosting the Selewa African Market which afforded over 30 vendors the opportunity to...

Banks deposits hit GHC53.2b