Don’t rush to restore licences of collapsed banks – Peter Quartey warns
Professor Peter Quartey, Director of the Institute of Statistical, Social and Economic Research (ISSER), has urged the government and the ...
Tag: Banks
Banks, SDIs to be fined GH₵12,000 for violating BoG outsourcing rules
The Bank of Ghana (BoG) has issued a comprehensive outsourcing directive aimed at enhancing the governance and risk management frameworks ...
Banks begin charging up $20 as fees on foreign currency accounts
Some commercial banks have begun reintroducing charges on foreign exchange accounts after they suspended these fees under regulatory pressure. A ...
Banks will not be able to fully digitise in five years – PwC predicts
Professional Services firm, PriceWaterhouseCoopers (PWC) is forecasting a longer period for banks to fully transition into the digital space. According ...
Dividend dilemma: Ghana banks struggle despite recapitalisation progress
More banks may struggle to pay interim dividends to shareholders despite the permission granted by the Bank of Ghana following ...
Many banks may struggle due to BoG’s new Cash Reserve Ratio – Report
A fiscal report authored by Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei has painted ...
About 191 financial institutions have access to NIA data – Prof Attafuah
The National Identification Authority (NIA) has confirmed that approximately 191 financial institutions, encompassing Universal Banks, Rural Banks, and Savings and ...
Ghanaian banks refused to give me loans for my projects – Cheddar
Founder of the New Force Movement and Ghanaian Entrepreneur Nana Kwame Bediako, popularly known as Cheddar or Freedom Jacob Caesar, ...
NIA encourages financial institutions to prioritise Ghana Card identification
The National Identification Authority (NIA) has encouraged financial institutions to prioritize user verification using the Ghana Card for all transactions. ...
Restore license of banks collapsed for political reasons – Pianim
Renowned economist Kwame Pianim has called for the license of banks that collapsed due to political reasons to be restored. ...
BoG directs commercial banks to recapitalize by September
Governor of the Central Bank, Dr. Ernest Addison says commercial banks in the country have been given September of this ...
Mahama’s promise to restore licenses of collapsed banks impractical – Joe Jackson
The Director of Business Operations at Dalex Finance, Joe Jackson, says it is practically impossible for future governments to restore ...
DDEP: Ato Forson slams govt for eroding capital of banks
Minority Leader, Dr. Cassiel Ato Forson, has slammed the New Patriotic Party (NPP) government for challenges being faced by the ...
Debt exchange programme: Banks asked to hold on with engagements
The success of the government’s Domestic Debt Exchange Programme (DDEP) is likely to hit a massive setback. This comes on ...
Debt exchange programme: BoG announces relief packages for banks
The Central Bank has moved to address any potential impact of government’s proposed debt exchange programme on banks. This is ...
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