The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has pledged to establish a $50 million fund to strengthen Ghana’s rapidly growing...
The Ghana Association of Banks has notified customers of all banks the nationwide internet breakdown has interrupted service delivery.
A statement signed by...
The Minority in Parliament has accused the Bank of Ghana (BoG) management of illegal activities related to the write-off of around GH¢48 billion in...
The Bank of Ghana(BoG) has suspended the Foreign Exchange Trading Licenses of Guaranty Trust Bank Ghana Limited (GTB) and FBN Bank Ghana Limited (FBN),...
The Bank of Ghana (BoG) has effective today, March 1, 2024, revised the balance and transaction limits of customers’ mobile money wallets upward. ...
The Development Bank Ghana (DBG) has emphasised its commitment to supporting the growth and development of women entrepreneurs in the country.
The bank’s deputy...
The Bank of Ghana (BoG) has revised the balance and transaction limits of customers' mobile money wallets upward, effective March 1, 2024.
A statement...
The Government has plans to set up a FinTech Innovation Fund to support Start-ups to drive Ghana's digital revolution.
Vice President Mahamudu Bawumia announced this...
RightCard Payment Services Limited trading as LemFi, has received approval from the Bank of Ghana to partner Nsano Limited to deliver money transfer services...
The total value of secured loans granted and registered by banks and Specialised Deposit-Taking Institutions (SDIs) in the 4th quarter of 2023 was GH¢5.9 billion.
This...
GBC Bank PLC (GCB) has appointed Daniel Kwaku Tweneboah Asirifi as the new board chairman.
Asirifi’s assumption of office as board chairman of the bank...
Former President John Mahama has sympathised with the family of the late Chief Executive Officer(CEO) of Access Bank, Dr Herbert Wigwe.
Dr Wigwe was...
The Bank of Ghana has received praise for enhancing the accessibility of economic data via its recently launched Database Portal.
On Monday, February 5, 2024,...
The Bank of Ghana will tomorrow February 6, 2024, meet officials of the Ghana Revenue Authority and stakeholders within the financial sector to address...
Former Convener of Individual Bondholders Forum, Senyo Hosi, has taken a swipe at the Ghana Cocoa Board (COCOBOD) and the government over the non-payment...
Ghana's official creditors are set to meet on Monday, January 8, to discuss the restructuring of approximately $5.4 billion in loans, according to Reuters.
This...
Nigeria is leading Ghana in terms of the frequent use of digital channels, the 2023 KPMG West Africa Banking Industry Customer Survey.
For instance, 70%...
Credit risk remained elevated during the third quarter of 2023, reflecting the sharp increase in the stock of non-performing loans in the banking industry,...
Finance Minister, Ken Ofori-Atta, has commended the Bank of Ghana(BoG) for supporting his outfit for striving to reset the country’s financial architecture.
According to...
Ghana’s average inflation for 2024 is expected to hover around 18%, Fitch Solutions has revealed in its Sub-Saharan Africa Macro Key Themes for 2024....
The Minister of Fisheries and Aquaculture Development, Mavis Hawa Koomson, has said the government has cleared all outstanding debts owed Bulk Distribution Companies (BDCs).
According...
Associate Professor at Andrews University, William Peprah, has noted a decline in confidence within Ghana's financial sector since the inception of the Domestic Debt...
The Bank of Ghana (BoG) has increased the minimum paid up capital for existing and new Credit Bureaus to ₵6,000,000 from ₵500,000. This represents...
The Bank of Ghana is set to soon close down some Non- Bank Financial Institutions facing severe liquidity challenges.
According to the Central Bank, the...
Ghana is set to introduce credit scoring system next year to allow Ghanaians access to personal loans and help financial institutions control allocation of...
