Banking - Adomonline.com

Scores of customers of gold trading company, Menzgold Ghana Limited, are trooping to the premises of the company to withdraw their investments. This has come...

2,000 defunct bank staff to lose jobs – Deputy Employment minister

Banking September 11, 2018 7:17 am

About 2,000 staff of the five defunct indigenous...

Akufo-Addo breaks silence on banking rot [AUDIO]

Banking September 7, 2018 6:11 am

President Addo Dankwa Akufo-Addo has spoken for the...

Staff of Consolidated Bank asked to re-apply

Banking September 4, 2018 6:31 am

Staff of Consolidated Bank Ghana (CBG) have been...

BoG makes major changes at top management level

Banking August 28, 2018 6:25 am

The sources say, however, that the changes have...

Give me back my bank – Duffour sues BOG

Banking August 22, 2018 6:10 am

Former Governor of the Bank of Ghana and major shareholder of the defunct uniBank Ghana Limited, Dr Kwabena Duffuor, has sued the central bank...

BoG approves merger of Sahel Sahara and Omni banks

Banking August 16, 2018 7:08 am

The Bank of Ghana has approved the proposal by Sahel Sahara and Omni Bank to consolidate their operations into one entity to help meet...

AUDIO: Otabil’s statement on Capital Bank collapse needless – Banking expert

Banking August 14, 2018 1:02 pm

A banking consultant and finance expert, Dr Richmond...

ICAG to investigate auditors of collapsed banks

Banking August 9, 2018 6:53 am

The Institute of Chartered Accountants, Ghana (ICAG) has begun an enquiry into the role of auditors in the collapse of seven banks within the last...

Revocation of local banks’ licences is in public interest – BoG

Banking August 5, 2018 9:22 am

The Bank of Ghana (BoG) says the revocation of the licences of seven indigenous banks within a year was done in the overall best...

VIDEO: BOG Merger: People will soon save under their beds – NDC Man

Banking August 2, 2018 11:16 am

Former Member of Parliament for Ablekuma Central, Theophilus Chaie Tetteh says the Central Bank is responsible for the collapse of financial institutions in the...

BOG’s merger: Job losses in the offing – Financial Consultant

Banking August 2, 2018 9:12 am

A Financial Consultant, Ken Thompson, has predicted job...

BOG officials who issued fraudulent licenses to be dealt with – BOG

Banking August 2, 2018 8:59 am

The Bank of Ghana says officials who issued fraudulent licenses to three of the banks which were merged by the Central Bank to operate...

The 5 CEOs/MDs behind the ‘collapsed’ banks

Banking August 2, 2018 7:13 am

The Bank of Ghana on Wednesday, August 1,...

Indigenous banks want more time to pay GHC400m minimum capital

Banking May 14, 2018 3:10 am

The ten indigenous universal banks in Ghana are asking for an extension of the deadline for them to meet Bank of Ghana's GHC400 million...

77% transactions on Ecobank is digital – MD

Banking May 12, 2018 10:44 am

Ecobank Ghana Managing Director, Dan Sackey has said currently 77 per cent of all transactions with the bank are digital. He told journalists at the...

ECOBANK to pay GHC400m minimum capital June

Banking May 11, 2018 6:45 pm

Ecobank Ghana said it is set to pay the GHC400 million minimum capital requirement (MCR) by the Bank of Ghana June this year. All banks...

Open Letter to BOG Boss: Don’t make Ghanaians spectators of finance industry

Banking May 9, 2018 8:28 am

Hello Dr. Governor, I dare say that whereas the GHC400 million (US$88.5 million) minimum capital requirement (MCR) you have placed on banks is not a...

Ecobank Group partners with MTN to deepen financial inclusion across Africa

Banking April 12, 2018 3:04 pm

MTN has announced a collaboration with Africa’s leading independent banking group, Ecobank Transnational Incorporated (ETI), to leverage each other’s assets and offer more value...

Omnibank is the official bank for 2018 pilgrimage

Banking April 11, 2018 4:37 pm

OmniBank has signed an agreement with the Ministry of Chieftaincy and Religious Affairs as the official Bank and partner for the Christian pilgrimage to...

No dividends, as banks struggle to raise GH¢400m

Banking April 3, 2018 7:58 am

Despite impressive performances in 2017, banks are not likely to deal out dividends this year; at least not so generously, as they struggle to...

UniBank takeover: No customer will lose money – BoG

Banking March 21, 2018 6:18 am

The Bank of Ghana has assured customers of uniBank that their savings are safe, despite handing over management of the financial outfit to KPMG. The...

BREAKING: Bank of Ghana takes over Unibank

Banking March 20, 2018 4:43 pm

The Bank of Ghana has announced it has taken over the management of private bank, Unibank. The Governor of the central bank explained at a...

FIDO Money Lending receives funding from DEG’s up-scaling programme

Banking March 13, 2018 1:09 pm

FIDO Money Lending Limited (FIDO), an innovative digital-first financial institution based in Accra, Ghana, received funding to the amount of 500,000 Euro from the German...

GSE lifts suspension on adb

Banking March 8, 2018 6:17 pm

The Ghana Stock Exchange (GSE), has lifted a...

ADB dismisses uniBank takeover report

Banking March 7, 2018 10:32 pm

The management of the Agricultural Development Bank (ADB) has dismissed reports claiming that uniBank has taken over 51 percent shares. Reports indicate that uniBank has...

The love of Valentine specially made for MTN & JUMIA customers

Banking February 13, 2018 6:10 am

It’s just two days away to the end of a love package specially prepared for customers called MTN&Jumialovesyou. The exceptionality in the service rendered...

MTN secures GH¢510m syndicated loan facility

Banking December 8, 2017 5:43 pm

The loan facility was arranged by Ecobank Ghana and Ecobank Capital, with Barclays Bank as the main agent. The interest on the loan will be...

Black Friday deals; fastest fingers a thing of the past

Banking November 30, 2017 2:06 pm

Fastest fingers? Too much stress in this era where time is scarce. In the past, it used to be fun and exciting having to...

National ID, Digital Property Address will reduce loan interest rates – Dr Bawumia

Banking November 28, 2017 5:22 pm

Ghanaians can look forward to a reduction in the amounts they pay as interest on loans when the various measures aimed at formalising the...

ADB shares soar 77% on the back of positive financial performance

Banking November 28, 2017 9:17 am

Shares of Agricultural Development Bank (ADB) has witnessed 77% increment since the bank was listed on the Ghana Stock Exchange (GSE). The share price increased...