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Local banks key to the success of 1D1F

Local banks have been asked to support government’s industrialisation drive by financing projects under the ‘One Factory, One District’ policy. However, Managing Director of...

GOIL announces interest in being ‘major’ upstream player

Ghana Oil Company Limited (GOIL) has expressed interest in moving upstream to become a major player in the exploration and production business. Its Board Chairman,...

Stanchart committed to tax compliance …as it’s awarded 2nd-largest taxpayer...

In contributing to the nation’s development by seeing to the continuous expansion of the nation’s infrastructure and increase in job-creation, Standard Chartered Bank Ghana...

Banks Buying Cryptocurrencies??

The first quarter of 2018 has seen a sharp decline in market prices for cryptocurrencies. The trend had been downward until recently. This has...

Bankers tensed up in a GH¢400m-capacity theatre -will Prez Akufo-Addo’s entry...

All was set for the play to start in the newest and most magnificent theatre of all time. Located on the high-street of the...

Council of State’s position on capital requirement requires consideration

Following a petition to the president by local banks to extend the duration required for banks to meet the new minimum capital requirement, the...

Bonds must finance productive ventures to grow GDP — Prof. Quartey

As the country’s debt to GDP ratio reaches unsustainable levels — 69.8 percent, Head of the Economics Department at the University of Ghana, Prof....

Banks must raise a whopping GH¢13bn by December

As banks race against time to meet the central bank’s December 31 minimum capital requirement deadline, they are projected to require a total GH¢13billion...

BoG sets maiden Ghana Reference Rate at 16.82%

Individuals and Businesses from this month are likely to have their interest charged on facilities they access from commercial banks in the country reduced,...

Barclays breaks GH¢500m profit mark …ahead of rebranding to Absa

Barclays Bank has posted a strong financial performance in the 2017 financial year results - raking in over GH¢550million of profit before tax -...

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