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Zenith Bank meets BoG’s GH¢400m capital requirement

As commercial banks race to meet the Bank of Ghana’s December 31, 2018 minimum capital requirement deadline, Zenith Bank has become apparently the first...

Local banks face GH¢4bn capital hurdle

Indigenous banks are in for a tough time as analysis conducted on their latest financial results indicates that they need to raise as much...

Directors of UT and Capital banks to appear before EOCO

The Economic and Organised Crime Office (EOCO) will today meet the directors of defunct UT Bank for them to answer questions on what roles...

BOG cuts Policy by 200 basis points, reduced to 18%

Bank of Ghana (BOG) has today announced a reduction in its Monetary Policy Rate (MPR) by 200 basis points from the current 20% to...

Banks to publish bank-specific cyber security policies soon – BOG

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...

BoG has not approved takeover of ADB by unibank – Governor

The Governor of the Bank of Ghana, Dr. Ernest Addison has stated that the central bank has not approved any takeover of ADB by...

Policy Rate cut by 100 basis points, now at 20%

The Bank of Ghana (BoG) has a reduction of its policy rate by 100 basis points from 21 percent to 20 percent. The announcement comes...

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