Banking

The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has assured that the bank’s operations will not be negatively affected as a...

The International Monetary Fund (IMF) has addressed the concerns surrounding the Bank of Ghana's (BoG) GH¢60 billion loss incurred during the 2022 fiscal year,...

The Bank of Ghana (BoG) has disputed assertions by the National Democratic Congress (NDC) that the construction of its new $250 million headquarters is...

A Deputy Minister of Trades and Industry, Dr Stephen Amoah, says the Minority’s demand of the Central Bank’s Governor to resign in 21 days...

The Bank of Ghana (BoG) has said it cannot be insolvent or bankrupt, as claimed by the National Democratic Congress (NDC).This comes barely 24...

Economist and lecturer at the University of Ghana Business School (UGBS), Professor Godfred Bokpin, has assented to the National Democratic Congress' (NDC) call for...

Professor John Gatsi, the Dean of the Business School at the University of Cape Coast (UCC), has criticized the Bank of Ghana (BoG), stating...

Rating agency, Fitch, has warned that the large losses imposed on bondholders under the Domestic Debt Exchange Programme (DDEP) have significantly weakened the banking...

FXKudi has partnered with the Mobile Money Advocacy Group, Ghana (MoMAG) to promote financial inclusion in the informal sector.According to the Head of Sales...

Standard Chartered Bank Ghana PLC has held its 53rd Annual General Meeting to present the Annual Report and Financial Statements for the year ended...

Embattled Chief Executive Officer (CEO) of Menzgold Ghana Limited, Nana Appiah Mensah (NAM1), has made his 36th appearance in court without trial as his...

The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has confirmed that the majority of banks in the country have complied with...

Defence lawyers in the case in which the founder of defunct Beige Bank is standing trial have told the High Court in Accra that...

It has emerged at the Financial and Economic Division of the High Court in Accra that the Investigator in the case in which the...

Fitch Solutions has reaffirmed its position that economic activities in Ghana will get worse before getting better in 2023.This is coming despite the expansion...

The cedi is expected to remain relatively stable on the forex market this week.Analysts believe a positive Mid-Year Budget Review this month and a...

Nana Appiah Mensah, the former CEO of Menzgold, has reached out to his distressed customers, urging them to exercise patience as he works towards...

A perception research conducted by think tank, Institute for Liberty And Policy Innovation (ILAPI), has blamed the Bank of Ghana (BoG) for the collapse...

Fidelity Bank has said the 30-day suspension of its forex licence by the Bank of Ghana (BoG) will not in any way affect normal...

The Bank of Ghana (BoG) has suspended the forex licences of Fidelity Bank and First National Bank Limited.The suspension takes effect from Thursday, June...

The High Court in Accra has rejected an attempt by the founder of the defunct Capital Bank, William Ato Essien, to renegotiate a GH¢60...

Minority Leader, Dr Cassiel Ato Forson, has expressed concern about the current state of the banking sector in the country, especially the impact of...

Finance Minister, Ken Ofori-Atta, says the government is committed to ensuring that the country and the investor community will be able to sail through...

Another prosecution witness in the trial of the former Chief Executive Officer (CEO) of the erstwhile Beige Bank, Mike Nyinaku, will on Monday, April...

If the International Financial Reporting Standard (IFRS) nine is applied in a stricter sense, nine Ghanaian banks could be insolvent from the impact of...

Following the accident of a Bank of Ghana Bullion Van in November 2019 at Techiman, in the Bono East Region, Management established a committee...

The Economic and Financial Crime Division of the High Court in Accra has adjourned the trial of former Chief Executive Officer of defunct Beige...

Julius Ayivor, a witness in the ongoing trial of Michael Nyinaku, Chief Executive Officer (CEO) of the defunct Beige Bank, has provided insights into...

The Ghana Exim Bank says it retrieved over ¢47 million owed by various commercial banks between 2009 and 2022.According to the development bank, the...

Founder of defunct Capital Bank, William Ato Essien, says he should not be jailed if he fails to pay GH₵20 million to the state...

An Accra High Court has remanded a 45-year-old accountant, Fredrick Wundowah, for defrauding a trader to the tune of GH₵69,000.00.Mr Wundowah allegedly collected...

The International Monetary Fund (IMF) is pushing Ghana’s cash-strapped government to stop borrowing from its central bank, according to people familiar with the matter.The...

The Securities and Exchange Commission (SEC) has announced that Zenith Bank Ghana has voluntarily ceased to operate as a Trustee in the securities industry...

The Minority in Parliament has called for the immediate suspension of the government's Domestic Debt Exchange (DDE) Programme.To the Caucus, the programme has...

The Chairman of Groupe Nduom, Dr Papa Kwesi Nduom, has alleged that the National Pensions Regulatory Authority (NPRA) is treating his former employees unfairly....

Founder and CEO of the defunct Beige Bank, Michael Nyinaku, is expected back in court today, January 11, 2023, as the court is set...

The High Court in Accra has given a 26-day grace period to former Chief Executive Officer (CEO) of Ghana National Petroleum Corporation, (GNPC), Alex...

Some disgruntled clients of Databank have threatened to attack the company for failing to honour withdrawal requests.Chief Executive Officer of the firm, Kojo Addae-Mensah,...

Investment and fund management firm Databank has announced the closure of its offices effective Thursday, December 22, and to work remotely following attacks and...

The Ghana cedi continued its recent gains against the US dollar and the euro today, December 19, 2022.This is coming after recording its biggest...