Banking

PDS accounts frozen over anomalies in bank guarantee

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

GTBank, Ria partner Zeepay to launch MOMO transfer service

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 supports 16 medical students to study abroad

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

Audio: Car dealership company refunds cash to angry customers after failing to deliver

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

Opportunity International Marks Staff Welfare Day With a Health Walk and Donation to Akropong School for the Blind

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...

National Service person remanded for defrauding GCB customers

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

Town Hall meeting: Bawumia explains Cedi drop [Video]

Vice President of Ghana, Dr Mahamudu Bawumia, has...

Uber Country manager woos customers with juicy packages

As part of efforts to improve customer service,...

UT Bank could’ve survived if BoG had given us time – Kofi Amoabeng

The President of UT Holdings, Prince Kofi Amoabeng...

Nigeria and Ghana now among the leading crypto-markets globally for Paxful

While much of the recent crypto-related news headlines...

Old Mutual Limited gets new Ghana CEO

Tavona Biza has been appointed as the new...

Businessman sues BoG to stop warnings

A businessman, Daniel Darko, has filed a suit...

BoG officials in collapsed banks scandal in trouble

Finance Minister Ken Ofori-Atta has announced his government’s decision...

SSNIT taps into mobile money to receive contributions

The Social Security and National Trust (SSNIT) will...

Panic withdrawals could collapse economy – Paa Kwesi Nduom

In the wake of the crisis in the...

BoG injects more dollars into economy

The Bank of Ghana (BoG) has stepped up...

Panic withdrawals hit Menzgold – AdomOnline.com

Scores of customers of gold trading company, Menzgold...

Panic withdrawals hit Menzgold

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

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

Akufo-Addo breaks silence on banking rot [AUDIO]

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

Staff of Consolidated Bank asked to re-apply

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

BoG makes major changes at top management level

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

Give me back my bank – Duffour sues BOG

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

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

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

ICAG to investigate auditors of collapsed banks

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

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

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

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

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

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

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

Indigenous banks want more time to pay GHC400m minimum capital

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

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

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

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

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...