Tag: Banking sector

The total assets of Rural and Community Banks (RCBs) increased to GH¢5,129.2 million in the second quarter of 2020 from GH¢ 4,327.7 million around the same quarter in 2019, as indicated ...

The interest rate at which banks lend to individuals and the private sector declined marginally between August 2019 and August 2020, according to latest data by the Bank of Ghana. ...

The President of the Ghana Association of Bankers (GAB), Mr. Alhassan Andani, has assured the general public of safety within the banking sector despite the report of increased fraud cases. ...

A Banking Consultant, Nana Otuo Acheampong, has expressed optimism about the prospects of the National Investment Bank (NIB) following government’s injection of GH¢800 million into its operations to help close ...

The flag bearer of the National Democratic Congress (NDC), John Dramani Mahama, has derided government’s response to the financial sector cleanup, insisting they should have applied “common sense”. Mr. Mahama ...

Mr. Alex Boahen, Head of Research at Databank, has revealed that the poor performance of stocks on the Ghana Stock Exchange is as a result of poor public sentiments, the ...

The Bank of Ghana (BoG) together with individual financial institutions have been advised to channel adequate resources into the training of staff to lessen employee involvement in fraud cases in ...

The Economist Intelligence Unit (EIU) has praised the government of Ghana’s industrialisation agenda under its flagship One District One Factory initiative and the banking sector clean up. In its latest ...

The Private Enterprise Federation has warned that confidence in the banking sector could deteriorate if depositors’ funds of defunct financial institutions are not paid back on time. This is due ...