banks Archives | News Ghana

Participants urge government to speed-up establishment of national development bank

Ghana News Agency - Jan 18, 2020 0

Participants at the end of the 71st Annual New Year School and Conference (ANYSC) have urged the Government to expedite action on the establishment...

Mexico to invest US$1 billion to bring banking, internet access to poor areas

xinhuanet.com - Jan 6, 2020 0

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...

Banks urged to explore partnerships to accelerate digitisation process

Ghana News Agency - Nov 28, 2019 0

Dr Ernest Addison, the Governor of the Bank of Ghana, has called on banking sector players to seek partnerships to accelerate the pace...

South African banks warn clients to be alert during festive season

xinhuanet.com - Nov 18, 2019 0

South African banks warned their clients to safeguard their personal documents and be careful during the festive season since it is the period of...

Ghana Deposit Protection Scheme to commence in December

Ike Dzokpo - Nov 14, 2019 0

Mr Ken Ofori-Atta, Financial Minister has said the completion of reform exercise within the Banks and specialized deposit-taking institutions (SDIs) in August has...

Banks urged to support Ghana’s Oil Sector Growth

Ghana News Agency - May 19, 2019 0

Mr Osei Gyasi, the Head of Banking Supervision of the Bank of Ghana, has urged banks to meaningfully support growth of the oil sector...

Anim reiterates the need for land banks

Ghana News Agency - Apr 9, 2019 0

Mr Moses Anim, Second Deputy Majority Chief Whip is calling for the protection of Ghana’s agrarian lands against mortgaging for estate development. He made a...

Leading Kenyan Banks Looks at Ethiopia and Somali Markets

xinhuanet.com - Apr 4, 2019 0

Kenyan largest banks have overcome a controlled interest rate environment to make billions of shillings in profits for the third year in a row...

Most Banks in Ghana have Moved onto EMV Card Standards

Ghana News Agency - Mar 29, 2019 0

Banks that issue domestic cards have made some progress in converting them from magnetic stripes to Europay, MasterCard, Visa (EMV), the global standard for...

Group of Local Banks Mobilises US$51 Million for a Housing Project

News Ghana - Feb 22, 2019 0

A consortium of local banks has raised 51 million dollars towards the completion of the 200,000 Social Housing Units in Koforidua, Tamale and Ho,...

BoG Commended for Banks Recapitalisation

Ghana News Agency - Jan 11, 2019 0

Nana Appiagyei Dankawoso I, the President of the Ghana Chamber of Commerce and Industry, has commended the Bank of Ghana (BOG) for taking steps...

BoG Withdraws The Licenses of Two More Banks

xinhuanet.com - Jan 5, 2019 0

Ghana's central bank announced here late Friday the revocation of the operating licenses of two more banks, Premium Bank and Heritage Bank. Announcing the decision,...

Kenyan interbank rate falls on banks’ reduced liquidity pressure

xinhuanet.com - Jun 16, 2018 0

The Kenyan interbank rate eased this week as trading slowed down due to reduced pressure for liquidity by banks. The weighted average interbank rate eased...

Descend on Banks to Reduce Lending Rates – CEBRE Tells BoG

Ike Dzokpo - May 28, 2018 0

The Centre for Economic and Business Research (CEBRE), has called on Bank of Ghana as a matter of urgency to swiftly advise all financial...

SWIFT gpi Would Make African Banks More Competitive

News Ghana - May 27, 2018 0

The new standard for cross-border payments dramatically improves the customer experience in cross-border payments by increasing their speed, transparency and end-to-end tracking 15 African banks...

Ghanaian Banks asked to observe good corporate governance practices

Ghana News Agency - Apr 30, 2018 0

Banks have been asked to adhere strictly to their good corporate governance practices in order to avert their collapse. They have also been asked to...

JSE closes lower, pulled down by banks, retail stocks

xinhuanet.com - Apr 24, 2018 0

The Johannesburg Stock Exchange (JSE) closed lower on Tuesday as rand hedges benefited from the weaker rand, with banks and retailers on the back...

Banks recapitalization needs collective efforts by stakeholders

Adnan Adams Mohammed - Apr 9, 2018 0

A financial analyst and credit consultant, Emmanuel Akrong has stated that, growing Non Performing Loans (NPLs), inappropriate asset quality classification, lack of back-testing collateral...

Banks To Soon Publicise Their Specific Cyber Security Policies – BoG

News Ghana - Mar 22, 2018 0

In a speech read on his behalf at the opening of the digital banking and cyber security summit organized by the Standard Chartered Bank...

Ghana gov’t urged to engage banks in rural development programmes

ABK - Nov 29, 2017 0

Mr. Stephen K. Bedu, General Manager of the Akyempim rural bank in the central region has said the country`s rural development programmes cannot achieve...

SMEs Charged To Aim At Expansion

ABK - Nov 4, 2017 0

A day’s workshop on micro business has been held in Accra with a charge on small business owners to aim at growing from their...

SERAP demands the scrapping of banks directives

News Ghana - Oct 23, 2017 0

Socio-Economic Rights and Accountability Project (SERAP) has urged the President of the Senate Dr Bukola Saraki and Speaker of the House of Representatives Mr...

Top Local Businesses and Companies Gear Up for 7th CSR Excellence Awards

News Ghana - Oct 20, 2017 0

Top telecommunications companies, fast-moving commodity goods manufacturers, industrialists, banks, engineering and construction companies, consultancies, airlines, hoteliers, local and international businesses in Ghana are ready...

More banks preparing to meet new minimum capital requirement

Adnan Adams Mohammed - Oct 12, 2017 0

The banking industry in Ghana in soon see a more robust and well capitalised to help strengthen the economy of the country. This is...

Adu Anane Antwi, Director-General, Securities and Exchange Commission

Banks merger in Ghana may suffer setbacks – Anane-Antwi

News Ghana - Oct 1, 2017 0

In the wake of banks considering various options of how to raise its minimum capital as required by the regulator of the industry, the...

CBN to severely punish banks hoarding forex

News Ghana - Sep 23, 2017 0

The Central Bank of Nigeria (CBN) Friday said it is reviewing ways to toughen sanctions against financial institutions in the country that hoards foreign...

Banks prepare to meet minimum recapitalization

News Ghana - Sep 23, 2017 0

Ghanaian banks are preparing to meet the newly announced minimum capital requirement as required by the Bank of Ghana (BoG). The banks are expected...

Reps order banks to unfreeze Patience Jonathan’s bank accounts

News Ghana - Sep 20, 2017 0

The House of Representatives ordered six commercial banks to unblock the accounts of former first lady, Patience Jonathan. The Committee on Public Petitions chaired by...

Kenya’s banks record declined profitability in 2017

News Ghana - Sep 19, 2017 0

Kenya's listed banks recorded a 13.8-percent decline in core Earnings Per Share (EPS) growth for the first six months of 2017, compared to 15.5...

How Solid Are Our Ghanaian Banks?

News Ghana - Sep 18, 2017 0

Asks Lloyd Evans There is no doubt that the banking industry plays a very formidable role in any economy and for it to thrive, it...

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