Data from the Bank of Ghana (BoG), shows a significant rise in mobile money transactions, highlighting the growing acceptance of digital financial services across...
Pan-African Savings and Loans (Pan-African), as part of its Corporate Social Responsibility (CSR) initiatives, has donated a borehole to the Ghana Blind Union.
This donation...
Consolidated Bank Ghana (CBG) has assured the public that the suspension of its Foreign Exchange License (FEL) does not impact its full banking operations.
The...
The Bank of Ghana (BoG) has suspended the foreign exchange trading license of Consolidated Bank Ghana (CBG) for one month.
The suspension, which takes effect...
Former Stanbic Bank CEO Alhassan Andani expressed profound disappointment over Ghana’s recent financial trajectory, saying the government’s declaration of the Domestic Debt Exchange Programme...
Following a recent High Court decision reversing the Bank of Ghana’s (BoG) revocation of CDH Savings and Loans’ license, a BoG source has confirmed...
The Agricultural Development Bank PLC (ADB) has announced the temporary closure of its branch in Bawku, citing escalating security concerns in the area.
In a...
Finance Minister Dr Mohammed Amin Adam has reassured businesses and market stakeholders, stressing that the Bank of Ghana (BoG) holds sufficient dollar reserves to...
The government oversubscribed about 11% of its treasury bill sales for the third consecutive week.
However, it came at the expense of rising interest rates.
According...
The Agricultural Development Bank PLC (ADB) has doubled its commitment to Corporate Social Responsibility (CSR), recording significant gains in its unaudited statement of financial...
Ghana is expected to record an average inflation of 19.5% in 2024, the International Monetary Fund (IMF) has revealed.
In its World Economic Outlook, it...
The Ghana Association of Banks (GAB) has rolled out a set of measures to bolster the banking sector’s defenses against increasingly complex fraud schemes.
This...
The Kwahumanhene, Daasebre Akuamoah Agyapong II has resigned as the Board Chairman of the Agricultural Development Bank (ADB).
The resignation which takes immediate effect follows...
Economies do better at enacting regulations to improve the national business climate than they do in providing the public services needed to secure actual...
In a significant move towards economic recovery, Ghana has successfully completed its Eurobond debt exchange, restructuring $13 billion of its external debt.
This achievement follows...
Ghana placed 4th in Africa with the highest outstanding debt to the International Monetary Fund, the Fund’s 2024 Quarterly Financial Statement has revealed.
The country’s...
Ghana is set to introduce its highly anticipated Ghana Gold Coin (GGC), giving residents a new avenue for investment.
Dr. Steve Opata, an advisor at...
The Agricultural Development Bank (ADB) PLC has received several 5-Star ratings at the Chartered Institute of Marketing Ghana (CIMG) Customer Satisfaction Survey Index Report...
Republic Bank PLC is optimistic to deepen its operations in the micro, small and medium sectors to support the growth of the local economy43.
According...
Chairman of the NPP Manifesto Sub-Committee on the Economy, Dr. Mark Assibey-Yeboah, says no jobs were lost during the government's 2017 banking sector clean-up.
Speaking...
Security expert, Adam Bonaa has expressed concern over the increasing bank fraud, stating that blacklisting culprits is insufficient without prosecution.
His comments come after the...
The number of staff involved in fraudulent activities in banks and Specialized Deposit-Taking Institutions (SDIs) rose from 188 in 2022 to 274 in 2023,...
The secondary bond market activity slowed by 5.35% to GH¢886 million last week, down from GH¢1.21 billion recorded during the preceding week.
There were minor...
The Bank of Ghana has revealed that the banking sector’s performance in half-year 2024 pointed to continuing recovery from the macroeconomic challenges since 2022.
However,...
Parliament has approved a $250 million loan agreement from the World Bank to support Ghana's Energy Sector Recovery Programme.
This facility, which was initially rejected...
