Stanbic Bank Ghana will host international Tax Expert, Kristin Konschnik, at the first session of the 2018 Wealth and Investment Seminar Series on Monday, 26th March 2018, at The Kempinski Hotel Gold Coast City, Accra. The seminar is expected to bring to bear the Bank’s expertise and capabilities on the...
The Governor of the Bank of Ghana, Dr. Ernest Addison has disclosed that, banks in Ghana will soon be required to publish bank-specific cyber security policies. Publication of the bank-specific cyber security policies according to the central bank's governor, is in line with provisions in the Payment Systems and Services...
Second Deputy Governor of the Bank of Ghana, Elsie Awadzi has reassured customers of indigenous bank UniBank that, their deposits remain safe as KPMG takeover the assets and management of the bank. According to Mrs. Awadzi, customers must not rush to redraw their deposits, as with the exception of management...
UniBank Ghana Ltd, has confirmed the takeover of its management by KPMG, who are to serve as the 'Official Administrator', effective Tuesday March 20, 2018. This was contained in a text message which was sent to the bank’s customers in the country same day that the announcement was made by...
Monetary policy alone cannot clip lending rates appreciably, except when factors like a functioning National ID system, a working credit bureau, an efficient address system, digital land registry and an interoperability system, are accounted for, Vice President Mahamudu Bawumia has said. “If we have all these pieces of the puzzle...
Bank of Ghana (BOG) has announced that, UniBank Ghana Limited (UniBank) has been placed under administration. The appointment of the official administrator according to the central bank is aimed at saving UniBank from imminent collapse. The announcement comes just two weeks after uniBank announced a takeover of adb after some shareholders...
With technology disrupting every sphere of human activity, brick and mortar branch banking will no longer be viable in five years, Arnold Parker-Managing Director of finance house AFB Ghana, has said. “I think in the next five years a lot of financial institutions will scale down on brick and mortar...
United Bank for Africa (UBA) Plc’s Regional CEO for West Africa 1, Mrs. Abiola Bawuah, has been named the ‘Most Outstanding Female in Banking’ by the Business Executive at the just-concluded 4th Feminine Ghana Achievement Awards, at the La-Palm Royal Beach Hotel in Accra. This brings to a total of...
…as ACCOSCA holds historic conference in Accra The West African Block of the African Confederation of Cooperative Savings and Credit Association (ACCOSCA), has held its first-ever conference in Accra. The conference, held between March 12 and 14, was on the theme ‘Regional integration for cooperative sustainable growth’, with participants drawn from...
The Chief Executive Officer of GN Bank, Issah Adams, has said that the bank is poised to meet the GH¢400million minimum capital requirement set by the Bank of Ghana (BoG) by third quarter of 2018. “We have secured about GH¢120million out of the GH¢400million required by BoG by quarter one...