GCB Bank’s profit drops by 29% in 2017
The profit of GCB Bank dropped by about 29 percent in 2017. The bank’s profit declined from 299 million cedis ...
Tag: BoG
Ghana’s debt hits 145 billion cedis
Ghana’s total public debt stock has reached 145 billion cedis. Official figures released by the Bank of Ghana show that ...
Banks, BDCs to shave off GH¢800m from GH¢1.6bn debt
It appears the woes of commercial banks regarding their exposure to Non Performing Loans (NPLs) may not be ending anytime ...
Barclays bank shareholders approve name change to ABSA
Shareholders of Barclays Africa Group Limited have approved that the bank changes its name to Absa Group. Today’s approval is ...
BoG reduces Ghana reference rate to 16.74% in May
The Bank of Ghana’s new Ghana Reference Rate for May 2018 is 16.74 percent. The rate is the reference by ...
BoG sanitises industry with new borrowers & lenders law
Customers of commercial banks would be restricted in their borrowings from any bank in the coming months if he/she does ...
Minimum capital: BoG issues guidelines on mergers & acquisitions
The Bank of Ghana has disclosed that it is working on guidelines for potential mergers and acquisitions that may emerge ...
Severance packages for former workers of UT, Capital banks to delay
Perhaps former workers of defunct UT and Capital banks seeking their severance packages may have to wait a bit longer ...
uniBank takeover : BoG rules out new negotiation with bank
The Bank of Ghana has ruled out any plans to negotiate with the old management of uniBank, to hand over ...
Mixed reactions meet BoG’s cut in policy rate
There are mixed reactions to the Bank of Ghana’s new policy rate of 18%. The central bank on Monday, March ...
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