The government has raised the required seed capital for the establishment of the National Development Bank in January 2021. According to Finance Minister, Ken Ofori-Atta, the government had... Read more
Ghana’s debt hit GHS263 billion as of July 2020. The external component of the debt was estimated at GHS138 billion [$24.3bn], representing 35.8 percent of GDP. The domestic component of the... Read more
One of the leading banks in Ghana STANBIC BANK has today showed appreciation to KEED NLA and KGL GROUP for been loyal customers to the bank within the year. Speaking to Odiyifo Yaw Charles o... Read more
Credit Suisse, a leading investment bank, has apologised for “any offence caused” after the New York Times reported that its former CEO, who is from Ivory Coast, left his chairman’s birthday... Read more
Depositors of the collapsed Microfinance companies, Savings and Loans, and Finance Houses will from today, September 16, 2020, have full access to their funds. An amount of GHS 3.5 billion h... Read more
Aggrieved customers of collapsed GN Bank in Awaso in the Bibiani Anhwiaso Bekwai municipality on Thursday embarked on a demonstrated at the premises of the Bank’s branch at Awaso towns... Read more
A financier embroiled in a £1.6bn court battle with Barclays was referred to as a “tart” and “that dolly bird” by bank executives, a court has heard. The comments abo... Read more
Policy think tank ASEPA has claimed that about 18,000 Ghanaians have died as a result of the banking sector clean-up. According to the ASEPA boss, scores of victims of the exercise have also... Read more
The Board of Directors of United Bank for Africa (Ghana) Limited (UBA Ghana) is pleased to announce the appointment of Mr. Olalekan Balogun as the new Managing Director / Chief Executive Off... Read more
The Bank of Ghana has reviewed its policy rate by 150 basis points to 14.5 percent over fears the coronavirus outbreak could slow down economic growth in 2020. The bank reduced the rate, whi... Read more
President Nana Akufo-Addo has said his administration inherited a collapsing financial sector that has led to failing banks but the government is having to conjure thirteen billion cedis (GH... Read more
Barclays Bank Ghana Limited, after commencing operations as Absa Bank Ghana Limited, says it will remain focused on serving Ghanaians with quality ground-breaking financial services and safe... Read more
Vice President Dr. Mahamudu Bawumia has commended Ghana’s banking sector for the continued support for Government initiatives and development programmes over the years. The Vice President is... Read more
Vice President Dr. Mahamudu Bawumia lauded Barclays Ghana for supporting Government’s initiatives and development programmes over the past 100 years, particularly in areas of agricultu... Read more
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