Banking

The Bank of Ghana (BoG) has indicated that it would not hesitate to sanction banks that fail to comply with rules governing the recent...

An assessment of the adverse economic impact of the novel coronavirus on the Ghanaian economy has been made by Bank of Ghana (BoG).The...

Female employees of the First Bank of Nigeria (FBN Bank) have been entreated to nurture healthy relationships to enhance their overall development as women....

The collapse of MenzGold & DKM Savings and Loans has been cited as a major cause of economic hardships in the country today.Speaking...

Attorney-General Gloria Akuffo has presented in court her case against Dr Kwabena Duffuor and eight others over the collapse of uniBank.Read details of document...

The Guaranty Trust Bank Ghana Limited, on Friday commissioned a state of the art refurbished Information Technology Centre (ICT) at the Anumle Cluster of...

Customers of defunct savings and loans and finance house companies have called on government to set up a Consolidated Savings and Loans Company or...

President Nana Addo Dankwa Akufo-Addo, has said his government has begun prosecuting individuals believed to be responsible for the banking crisis. “We have begun prosecuting...

Founder of the now-defunct UT Bank, Prince Kofi Amoabeng, has been arrested, adomonline.com can confirm.He was arrested on the morning of Tuesday, January 14,...

The Executive Secretary to the Importers and Exporters Association of Ghana, believes the Central Bank of Ghana is gradually losing control over the activities of illegal forex...

The Central Bank has added GH¢100 and GH¢200 notes and GH¢2 coins to the country’s currency denomination.The new notes go into circulation Friday after...

Following the release of GH₵ 2 coin, 100 and 200 Cedi notes into the circulation by the Bank of Ghana, a number of...

The Central Bank has directed banks in the country to publish Value Added Statements disclosing details of compensation package policies of Chief Executive Officers...

Dr Lord Mensah, a senior lecturer at the Department of Finance of the University of Ghana, has commended the Bank of Ghana’s decision to...

Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) for the fifth time, since January this year kept the lending rate to commercial...

Finance Minister, Ken Ofori-Atta says Ghana’s economy has been fixed after the government inherited a very bad economy from the erstwhile John Dramani Mahama...

The Finance Minister, Ken Ofori-Atta has presented before Parliament the 2020 budget statement and economic policies set to drive Ghana's economy in the coming...

Finance Minister, Ken Ofori-Atta, is scheduled to present the Akufo-Addo government’s fourth Budget and Economic Policy in Parliament.Wednesday’s presentation, according to the Finance Ministry, will...

A distraught customer of First Banc Financial Services at the Airport residential area in Accra has shared his frustrations after the closure of 53...

The Monetary Policy Committee (MPC) of the Bank of Ghana is set to hold its 91st regular meeting from Wednesday, November 20, 2019 at...

Member of Parliament (MP) for Odododiodoo constituency, Nii Lante Vanderpuye, says he feels the closure of the Nigerian border to other Africans including Ghana...

The decision by the government to up Corporate Income Taxes imposed on Rural and Community Banks (RCBs) from eight (8) to 25% is stifling...

The Bank of Ghana has planned to inject $125 million into the Ghanaian economy in the last quarter of the year to shore up...

The Public Utilities Regulatory Commission (PURC) has announced an upward adjustment of electricity and water tariffs.Electricity is up by 5.94%, while water is up...

Reliable information available to adomonline.com indicates that auctioneers have moved in to execute a court order against Allship Logistics Limited through the auctioning of the company’s...

The Receiver of collapsed financial institutions, Eric Nana Nipah, has extended the deadline for the submission of ‘Proof of Debt forms’ to Friday, September 27, 2019.The...

 The Bank of Ghana (BoG) has pegged the minimum capital requirement for the operation of a mobile money company at GH¢20 million.A statement signed by the...

Government is scheduled to hold a town hall meeting on Monday, September 9, 2019, at Techiman in the Bono East Region to address issues...

The Bank of Ghana (BoG) has directed banks and other specialised deposit-taking institutions to ensure that people who deposit money into and/or withdraw same...

The Koforidua High Court on Thursday morning ordered for the closure of the Nsawam branch of GCB Bank due to its failure to release...

Staff of the First Ghana Savings and Loans (FGSL) Limited have appealed to government to restore the company’s license to enable it to serve its customers,...

Spokesperson of the Vice President, Dr Mahamudu Bawumia, Dr Gideon Boako, says the government does not owe GN Savings and Loans, contrary to the...

Director of Operations of the Progressive People’s Party (PPP), Nana Ofori Owusu, has said the closure of Groupe Nduom's GN Savings and Loans Limited...

The Chief Executive Officer (CEO) of Groupe Nduom, Dr Papa Kwesi Nduom, has described as "widely inaccurate" the Bank of Ghana's (BoG) statement...

The Financial Intelligence Centre (FIC) has frozen the bank accounts of Power Distribution Services (PDS) following the detection of anomalies in the bank guarantee...

Guaranty Trust Bank and Ria Money Transfer have teamed up with Zeepay, a local financial technology company to launch a mobile money transfer service...

Ecobank Ghana and its partners have provided support for some 16 medical students to go study abroad as part of the banks annual Sponsored...

Customers of car dealing company, Eddu Motors Company Limited, based in Kasoa in the Central region will now heave a sigh of relief following...

The Management and staff of Opportunity International Savings and Loans (OISL) drawn from various branches of the company, embarked on a 5-kilometer health walk...

A 29-year-old National Service person serving at the...