Majority of banks’ systems unsecured- Cyber security expert

Financial institutions in the country would have to increase their investments in cyber security protection to prevent them from cyber-attacks that could cost them fortunes and reputational damages, a cyber security expert and Group Head of Information Security and Risk, Cellulant ... — Read More

Social Media Index of Banks in Ghana (Part 1)

The emergence of social media has disrupted how organizations reach out to their consumer/ customers and the public in general. Facebook, the leading social media platform, has more than 1.87 billion users, not to talk of Whattsapp, Twitter, Youtube also posting ... — Read More

Local banks urged to support start-ups

Local banks must have products and services to support and guide students who graduate from technical and vocation training institutions with business ideas, Kwabena Asante-Asare, Founder of Asanska College of Design and Technology (ACDT), has said.“Local banks should be ready to ... — Read More

Veritas Unit Trust launched

Securities and Exchange Commission (SEC) licensed investment management and advisory firm, Veritas Equities Limited, has introduced “Veritas Unit Trust”, a fixed income open-ended collective investment scheme onto the capital market.A total of 200,000 units are on offer at a unit price ... — Read More

Parliament to summon BoG over DKM saga

Majority Leader, Osei Kyei-Mensah-Bonsu, has suggested that parliament calls Bank of Ghana officials to come and explain how far they have gone in resolving the microfinance crisis that hit the Brong Ahafo Region, particularly the one involving DKM, in which a ... — Read More

BEIGE records impressive outturn in 2016

BEIGE, the financial services provider, has returned an impressive performance in its portfolio of businesses last year, meeting all of its major targets and expectations.Besides multiple acquisitions to complement its technical and resource capacity, BEIGE also invested in processes and human ... — Read More

GH¢5 note has not been replaced-BoG

The Bank of Ghana (BoG) has categorically stated that the new circulating GH¢5 note is just a ‘one off print’commemorative note but not a replacement of the existing note.Speaking at a mini workshop for media practitioners and bankers in Sunyani, Catherine ... — Read More

New BoG Governor Addison sworn in

President Nana Akufo-Addo has sworn in the new Governor of the Bank of Ghana, Dr. Ernest Kwamina Yedu Addison on Monday after consultation with the Council of State.At a brief ceremony at the Presidency, President Akufo-Addo said that the Dr. Addison ... — Read More

UMB posts GH¢27m profit

Universal Merchant Bank (UMB) has posted a pre-tax profit of GH¢27.4million for the 2016 financial year.This represents a significant improvement from its loss position of GH¢7.5million recorded at the end of the 2015 financial year.The Bank also recorded an increase in ... — Read More

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