Tag: Bank
BoG tasks banks to adopt cyber-secure management policies
Dr Ernest Addison, the Governor, Bank of Ghana on Tuesday urged banking institutions to put in place effective cyber risk management policies to...
Major Aussie bank slapped with 1.3 billion AUD fine for financial misconduct
One of Australia's big four banks, Westpac has agreed to pay 1.3 billion Australian dollars (919 million U.S. dollars) for breaching money laundering...
Brazilian government creates food bank network to combat waste
The Brazilian government announced on Friday that it has created the Brazilian Network of Food Banks to strengthen the performance of these institutions...
European Investment Bank lends Morocco 200 million euros to boost agriculture
The European Investment Bank (EIB) and the Moroccan government announced the signature of a 200 million euros loan agreement for financing the development of...
European bank grants Morocco €300 million loan to finance state companies
The European Bank for Reconstruction and Development (EBRD) on Tuesday granted a 300-million-euro (354-million-U.S.-dollar) loan to Morocco to help finance three state companies to...
European Investment Bank grants Morocco €100 million over COVID-19
The European Investment Bank (EIB) announced on Monday the release of 100 million euros (119 million U.S. dollars) to Morocco to help deal with...
First Atlantic Bank climaxes 25th Anniversary
First Atlantic Bank has climaxed its 25th Anniversary with a tape-cutting ceremony to formally commission its head office expansion.
The expansion includes offices for the...
Morocco registers 903 new COVID-19 cases, 32 more deaths
Morocco registered 903 new COVID-19 cases and 32 deaths on Monday, increasing the tally of infections since March 2 to 53,252 and the...
GUTA calls for the establishment of Bank for traders
The President of the Ghana Union of Traders Association(GUTA) has called for the establishment of a special bank to offer loans at a special...
GCB Bank to hold first AGM virtually on July 30
The GCB Bank Limited is to hold its first virtual Annual General Meeting (AGM), on Thursday, July 30, at the Bank's Head Office, in...
Angola national bank to release new banknotes
A new series of banknotes made of polymer are due to enter into circulation in Angola from July 30, the governor of the National...
President of the African Development Bank pledges to work with every shareholder
Dr. Akinwumi A. Adesina, President of the African Development Bank, says he will continue to work with every shareholder to ensure that the Bank...
GCB donates water storage tanks to various market centres
GCB Bank Ltd has donated 40 jumbo water storage tanks to Ministry of Local Government and Rural Development for distribution to markets in Accra,...
GCB donates veronica buckets to Sanitation Ministry
GCB Bank has presented 100 veronica buckets and their accessories to the Ministry of Sanitation and Water Resources as part of the Bank’s commitment...
GCB Bank temporarily closes some branches due to COVID-19 Restrictions
GCB Bank Ltd has responded to the coronavirus (COVID-19) restrictions imposed in Greater Accra and parts of Kumasi by the state.
As a result, some...
Taxpayers in Ghana to hit 16 million by close of the year – Bawumia
Vice President Dr Mahamudu Bawumia says the introduction of various digital initiatives by government will widen the tax net and increase the number of...
Sudan dissolves boards of central bank, other banks
Sudan's Committee for Dismantling Ingaz (Salvation) Regime and Removing Empowerment on Thursday dissolved boards of directors of a number of banks, including the Central...
Participants urge government to speed-up establishment of national development bank
Participants at the end of the 71st Annual New Year School and Conference (ANYSC) have urged the Government to expedite action on the establishment...
South Africa’s Absa PMI declines in December
The Absa purchasing managers' index (PMI) declined to 47.1 index points in December 2019 from 47.7 points recorded in November due to load shedding,...
Mexico to invest US$1 billion to bring banking, internet access to poor areas
The Mexican government will invest 20 billion Mexican pesos (about 1 billion U.S. dollars) in bringing banking and internet access to impoverished areas of...
GCB Bank invests gh¢370 million in Ghana’s Agric & Cocoa sectors
GCB Bank Ltd invested a total of GH¢378 million in the cocoa and the agricultural sectors of the Ghanaian economy in the past year.
Of...
Nine in court for stealing from bank
Nine persons, who allegedly appropriated cash in the sum of GHC 135,330 belonging to the Agricultural Development Bank, have been arraigned.
The accused persons...
Trade and Development Bank seeks entry into Ghana
Trade and Development Bank, a specialized financial institution, is seeking entry into Ghana as a first step to reaching other countries in West Africa...
MTN MoMo remains safe, secure and reliable
MTN Ghana has noted with grave concern an audio and text messages circulating on social media requesting MoMo users to withdraw their money due...
First Atlantic Bank records impressive growth
Three months into the new dispensation for Ghana’s universal banking industry, First Atlantic Bank has shown remarkable growth following the restructuring by the Bank...
Southern Vietnam Breast Milk Bank Starts Operating
The first breast milk bank in southern Vietnam became operational at the Tu Du Hospital in Ho Chi Minh City on Wednesday.
The donated milk,...
Nigeria: Bank Robbers Attack and Kill Seven People
At least seven people were killed following a robbery attack on a commercial bank in Ondo state in southwest Nigeria, eye witnesses and local...
Bank of Ghana Would Soon Release Upgraded Banknotes
The Bank of Ghana says it will issue upgraded banknotes with enhanced security features into circulation on May 6, 2019.
In a statement, the...
Lifeless Body of a Farmer Found on Dzemeni River Bank
The body of a young man in his early 20s, allegedly murdered, has been found at the banks of a river at Dzemeni Todzi...
Ex NCA Boss Demanded Bankers Kept His Transaction Secret
A Police Officer has told an Accra High Court hearing the National Communication Authority (NCA) four-million-dollar case of how William Tevie, former boss of...