Thursday, June 27, 2019
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Recapitalisation:  a panacea to bank failure?

All too soon, December 31 2008 is here with us. The deadline for banks to recapitalize to a minimum of GHS.400 million elapsed a...

Back BoG to create strong financial sector – Edward Effah

Edward Effah, Board Chairman of Fidelity Bank, has said Ghanaians must back the central bank’s on-going reforms to create a stronger financial sector. “I think...

Banks must pay more taxes to reduce risky borrowings

To reduce or avert short-term borrowing or overnight lending by banks, which are very risky, and curb their excesses when they get bigger, government...

Credit risk remains high—S&P

Ratings agency, S&P Global - the parent company of Standard & Poor's Financial Services LLC - has warned that credit risk within the country’s...

BoG officials, shareholders complicit in UT, Capital Banks’ crisis

A 2014 Bank of Ghana (BoG) Examination and Inspection Report has revealed the level of complicity of shareholders in the defunct UT and Capital Banks,...

Banking reforms will reinforce consumer confidence – banker

The ongoing reforms in the banking sector will reinforce consumer confidence in the financial system rather than dampen it, Mr. Patrick Fiscian-Chief Executive Officer...

Ahantaman Rural Bank inaugurates Tanokrom office complex

The Ahantaman Rural Bank Limited has inaugurated a new office complex at Tanokrom, a suburb in Takoradi. “The Tanokrom branch of the bank, was established...

Deadline for new capital requirement hitting hard

Four months to the deadline for banks to meet the new minimum capital requirement and a number of financial institutions are showing positive. For...

UBA rewards winners of Mastercard promotion

The grand final ceremony of United Bank for Africa (Ghana) Limited (UBA Ghana) MasterCard Promotion has been held, where the second and final batches...

Banks’ new corporate governance directives will restore sanity

The central bank of Ghana recently released new directives to strengthen corporate governance in the banking sector, ahead of the new recapitalisation requirement that...

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