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Depositors running away from local banks as confidence drops to...

Following the collapse of two banks and the central bank’s pursuit of stringent reforms, consumer confidence in indigenous banks has waned drastically - depositors...

BoG capping bank capos’ tenure hailed

Corporate governance expert Dr. Richmond Atuahene has said the Bank of Ghana’s introduction of Corporate Governance Directives - under which it has asked MDs...

Demand for loans on the rise …but supply remains a...

Individuals and businesses are asking for more bank loans as the recently introduced Ghana Reference Rate (GRR), a new formula for the calculation of...

GCB Bank looks to investment banking, others …to shore-up declining profits...

GCB Bank is looking to increase its profit base with the introduction of investment banking services, mortgage financing, establishment and deepening of relations with...

Use moral suasion to bring down interest rates – Prof. Dordunoo

The central bank needs to apply its moral suasion instrument to help bring down the rate at which commercial banks in the country lend...

Telcos monopoly over mobile money to be broken -Payment Systems and...

The Payment Systems and Service bill, 2017, which is currently before cabinet, will expectedly allow banks to issue electronic money - thereby breaking the...

Banking diplomacy?

Professor Kwame Boafo-Arthur, I salute you this day with a soft tone of respect. This write-up made me remember your camaraderie and the sense...

Cash-for-cash … a fallback misnomer?

Here is the witty strategy of a credit manager I know. He dashes to hospital to ward off the pressure from a higher authority...

FBN Bank introduces ‘Save and Win’ promo

FBNBank has introduced the second edition of its ‘FBNBank Save and Win’ promo to deepen the clarion call to Ghanaian to develop a savings...

Banking sector remains strong despite challenges – discussants

The banking sector is ‘sufficiently strong’ and is not in distress as initially feared, although pockets of challenges still remain, the Central Bank and...

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