In my recent article titled: “Is the Energy Sector Levies considered as a bailout of Banks in Ghana?” I examined the financial health and soundness of 12 Banks that are creditors to the Energy Sector State-owned enterprises (SOEs) and the Bulk Oil Distribution Companies (BDCs). These 12 Banks are...
The Managing Director of GCB Bank, Mr. Anselm Ray Sowah, said that the quality of Customer Service in the bank will see a major turnaround by the middle of next year.
“I want to see a new GCB delivering a totally different quality of service, a very efficient and exciting...
The Managing Director of GCB Bank, Mr. Anselm Ray Sowah, said that the quality of Customer Service in the bank will see a major turnaround by the middle of next year.
“I want to see a new GCB delivering a totally different quality of service, a very efficient and exciting...
OmniBank, the Small and Medium Enterprises (SMEs)-focused bank, is in talks with local and foreign investors to meet the Central Bank’s new GH¢400million minimum stated capital requirement.
But the increment in the bank’s stated capital will in no way affect its philosophy of supporting SMEs and youth development, but rather...
Vice President Dr. Mahamudu Bawumia has urged rural banks in the country to take advantage and make adequate use of the digitisation system being established in the country.
He said the National Identification Card and introduction of the digital addressing system will give unique identities to individuals and also assist...
Direct Savings and Loans Ltd, has been adjudged “Promising Savings and Loans Company” at the just ended 2017 Ghana Accountancy and Finance Awards (Ghafawards).
This took place at the maiden edition of the Ghafawards which came off at the Movenpick Hotel, Accra over the weekend.
The Ghana Accountancy and Finance Awards...
The African Export-Import Bank, Afreximbank, is putting strategies in place within the next four years to remove all intra-African trade financial bottlenecks - basically to bridge the intra-African trade financing gap of about US$25 billion.
Within this four-year period of strategising to deepen and enhance effective trade finance within the...
Rural and Community Banks (RCBs) that are yet to meet the GH₵1 million stated capital requirement set by the Bank of Ghana (BoG) by year-end will be given an extended period to recapitalise, BoG Governor, Dr. Ernest Addison, has hinted.
With barely two months to the deadline only 58, out...
The proposal for an increment in the minimum stated capital of security market operators by the Securities and Exchange Commission (SEC) is long overdue, given the growth in the sector and changing market dynamics, Bernard Osei-Tutu, Chief Executive Officer of Dusk Capital, has said.
“The new capital requirement is...
OmniBank has awarded scholarship grant to brilliant but needy student, Samuel Dorkenoo to pursue his academic programme at the Kwame Nkrumah University of Science and Technology.
The beneficiary student Samuel Dorkenoo, a first year student, KNUST, had early on dropped out of school due to financial difficulties and was referred...