Pay depositors’ cash before winding up – BoG to operators
Financial companies seeking to wind up their operations voluntarily yet are unable to meet their debt and other obligations in ...
Tag: Bank of Ghana
ICU negotiates exit packages for Consolidated bank staff
The Industrial and Commercial Workers’ Union (ICU) is to meet the receiver of the Consolidated Bank Ghana soon, over the ...
BoG gets tough on Financial Holding Companies with new directive
The Bank of Ghana has revived its supervisory role with yet another directive for the financial sector. In the latest ...
Gov’t, poor credit practices cause of high NPLs – Economists
Some Economists have attributed the continuous rise in Non-Performing Loans (NPLs) in the banking sector to poor credit risk practices ...
Analyst backs BoG’s forced retrieval of unpaid Eximbank loans
Some Financial Analysts have lauded moves by the Central Bank to deduct money from commercial banks whose accounts were used ...
Non compliant fintechs to lose licenses – BoG
The Bank of Ghana will revoke the license of any financial technology company that fails to comply with regulatory requirements ...
Oil emerges as second largest export earner – BoG report
Ghana’s oil sector emerged as the second largest contributor to the country’s exports for 2017. The country raised an estimated ...
Patience Akyianu resigns as MD of Barclays bank
Managing Director of Barclays Bank, Patience Akyianu has resigned. She is however expected to remain as the MD until September ...
KPMG denies dismissals at Unibank
Managers of Unibank, KPMG, have dismissed media reports that they have terminated the appointment of some contract workers of the ...
BoG must decide extension of recapitalization deadline
The independence of the Bank of Ghana (BoG) must be allowed to prevail even as appeals are considered from local ...
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