Despite the last reforms in the universal banking space, the Association of Ghana Industries (AGI) believes still more needs to be done in order to stabilise the financial ecosystem in general. The AGI argues that […]
Nana Appiagyei Dankawoso I, the President of the Ghana Chamber of Commerce and Industry, has commended the Bank of Ghana (BOG) for taking steps to ensure that banks met the minimum capital requirement. He said […]
The former Board of Directors of now defunct Heritage Bank Limited (HBL), has lamented claims by the Bank of Ghana (BoG) that it set up the bank with suspicious capital and that the central bank has done […]
Director of Business Operations at Dalex Finance, Joe Jackson, has expressed disappointment in past governors of the Bank of Ghana for overseeing what he describes as an ‘absolutely rotten system’ Mr. Joe Jackson specifically accused the past […]
The Bank of Ghana (BoG) will, this week, announce the list of banks that have successfully raised their minimum capitals to GHS400 million in compliance with its earlier directive, which elapsed on 31 December 2018.Ahead […]
The government is to announce a GH₵2 billion bailout package for some six indigenous banks to enable them to meet the Bank of Ghana (BoG) deadline on recapitalization, which expires today, December 31. The package […]
In spite of earlier attempts to consolidate the National Investment Bank (NIB) and the Agricultural Development Bank (ADB) into a proposed national development bank, the GRAPHIC BUSINESS has learnt that the government plans to raise […]
In spite of concerns raised by some banks on the directive by the Bank of Ghana (BoG) to them to raise their minimum paid-up capital to GH¢400 million by December this year, the central bank […]
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