Tag: Banks in Ghana
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Ghanaian banks announce safety measures to combat COVID-19
Banks in the country are deploying safety measures to check against the spread of the novel Coronavirus after two cases were confirmed in Ghana on Thursday, March 12, 2020. Messages sent out to customers by the banks urged their clients to remain calm as they collaborate with relevant health authorities to ensure their safety. With…
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![[Article] The impact of central bank reforms on banking in Ghana](https://citibusinessnews.com/wp-content/uploads/2019/08/Bank-of-Ghana1.jpg)
[Article] The impact of central bank reforms on banking in Ghana
The banking sector in Ghana has witnessed significant growth in the past decade with respect to governance, capitalization, and competition. The industry evolved from a few indigenous and the traditional high street banks totaling 18 in 2002 to 34 banks in 2017. From hindsight, one could argue that the discovery of oil in commercial quantities…