How BoG’s weak supervision resulted in Capital, UT Banks’ collapse
It has emerged that the Bank of Ghana failed to enforce its regulations in granting licenses and supervising the operations ...
Tag: Bank of Ghana
Menzgold not licensed for deposits, sanctions on the way – BoG
The central bank has indicated that it will soon take punitive measures against Menzgold Ghana Company Limited. According to the ...
Only four local banks may survive recapitalization – Toma Imihere
Financial Analyst, Toma Imihere has expressed worry over the recent happenings in the banking sector, saying there may be only ...
BoG erred in transferring deposits of collapsed banks – Lawyer
A private legal practitioner, Yaw Oppong has said that that the Bank of Ghana erred in transferring deposits of five ...
Managers of collapsed banks could be dragged to court – BoG
The Bank of Ghana will not allow persons whose actions led to the collapse of the five indigenous banks to ...
Banking ‘rot’: Issues of criminality must be addressed – Economist
An economist and the Policy Director at the Trades Unions Congress (TUC), Dr. Kwabena Nyarko Otoo, does not want the ...
Some collapsed banks licensed for political purposes – Toma Imihere
Some of the recently collapsed banks only existed to serve political purposes, Financial Analyst, Toma Imihere has said. "These banks ...
Capital requirement: Gov’t considering financial support for local banks
In the wake of the consolidation of five local banks into the Consolidated Bank Ghana Limited, the government is considering ...
We didn’t collude to buy adb shares – Belstar Capital
Following claims by the Bank of Ghana suggesting a possible "collusion" of Belstar Capital Limited, uniBank and others in the ...
Belstar denies wrongdoing in adb shares purchase
BELSTAR Capital Limited has rejected claims of any wrongdoing in its purchase of shares in adb bank. A statement from ...
BoG places limit on reappointment of Directors, CEOs of insolvent banks
Former managers of financial institutions who have been complicated in any act of insolvency or folding up of their companies ...
Amissah-Arthur did his best as BoG Governor—Economist
Some players in the financial sector have described the demise of the former governor of the Bank of Ghana, Paa Kwesi ...
Publish audited account of GCB now – Adongo
The Member of Parliament for the Bolgatanga Central Constituency, Isaac Adongo has written to the Bank of Ghana urging it ...
Oil emerges as second largest export earner – BoG report
Ghana’s oil sector emerged as the second largest contributor to the country’s exports for 2017. The country raised an estimated ...
President Akufo-Addo urges BoG to work without fear
President Nana Akufo-Addo has urged the central bank to carry out its role without fear of favor to ensure that ...
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