Menzgold boss retreats; apologises for mocking BoG
The Chief Executive Officer of Menzgold Ghana Company Limited, Nana Appiah Mensah, has apologised to the Bank of Ghana (BoG) ...
Tag: Bank of Ghana
Banking crisis: BoG’s roadmap for clearing UT, Capital bank mess
The Bank of Ghana announced the collapse of two local banks – UT and Capital banks – a year ago ...
Banking crisis: Chamber of Commerce wants culpable officials prosecuted
The Ghana National Chamber of Commerce and Industry has backed calls for prosecution of officials whose actions led to the collapse ...
Bank crisis: Are the gods to blame? [Article]
Today, August 14, 2018 marks exactly one year since the Bank of Ghana made a historic announcement on the collapse ...
Ken Thompson writes: Collapsed banks did not fail; they were greedy, reckless
On August 2nd we woke up to 30 banks. When we went to bed a day before there were 34 ...
Prosecute persons responsible for collapse of banks – Christian Council
The Christian Council of Ghana has called for the prosecution of all persons whose actions and inactions resulted in the ...
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 ...
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 ...
