Premium, Heritage banks’ licenses revoked; merged with Consolidated bank
The Bank of Ghana has revoked the licenses of Heritage and Premium banks. The central bank has also approved a ...
Tag: Bank of Ghana
BoG approves OmniBank, Sahel Sahara merger
The Bank of Ghana has approved a merger between OmniBank and Sahel Sahara Bank (BSIC). The consent was contained in ...
Recapitalization deadline: Some banks struggling to raise 400m capital
The Bank of Ghana as part of measures to clean up the banking sector increased the capital requirement of banks ...
Over 90% of banking fraud comes from employees – BoG reveals
Dr Joe France, the Director of Financial Stability, Bank of Ghana (BoG), has said that over 90 per cent of ...
‘We’re young, correct us when we go wrong’ – NAM 1 begs SEC, BoG
The Chief Executive Officer of the Menzgold Company Limited, Nana Appiah Mensah, has appealed to the Bank of Ghana (BoG) ...
No need for panic withdrawals – BoG tells public
The Bank of Ghana(BoG) has urged the public to refrain from panic withdrawals. The central bank has been chastised by ...
A/Regional Minister to meet First Allied officials, BoG over locked-up cash
The Ashanti Regional Minister, Simon Osei Mensah, has reaffirmed his resolve to ensure that customers of First allied Savings and ...
Ghana’s total debt hits GHS159.4bn
New data released by the Bank of Ghana puts the country’s total debt by July at 159.4 billion cedis, representing ...
Menzgold’s woes won’t have huge impact on financial sector – Economist
The closure of parts of the operations of gold trading company, Menzgold, won't significantly impact Ghana's financial sector. Economist, Professor ...
Banking sector cleansing is to build stronger local banks – Nana Addo
President Nana Akufo-Addo has stated that his vision for the banking sector is to have few but stronger local banks ...
