BoG abolishes seven nuisance bank fees & charges

June 21, 2021 The central bank has abolished seven nuisance fees and charges as well as other practices in the banking sector, in a bid to ensure that the interests of customers of banks and Specialised...

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June 21, 2021 / Comments (0)

Digital infrastructure propel Ecobank growth

June 21, 2021 Commercial lender, Ecobank Ghana said it had scaled through the downside effects of the COVID-19 pandemic to post a 17 per cent revenue growth propelled by a robust digital infrastructure....

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June 21, 2021 / Comments (0)

Fund managers losing clients to banks – KPMG report

November 3, 2020 Depositors prefer to invest their monies with banks than with fund management companies due to renewed high confidence in the former following a general reform carried out by the Bank of...

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November 3, 2020 / Comments (0)

Financial institutions falling victim to a new fraud method – BoG

July 13, 2020 The Bank of Ghana (BoG) has served notice that a number of financial institutions are falling victim to a new method being adopted by fraudsters to dupe banks and other financial...

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July 13, 2020 / Comments (0)

Banks to be authorized for tax collection …as GRA sets GH¢52 bn revenue target for 2020

February 13, 2020 The Ghana Revenue Authority (GRA) plans to license banks in the country to accept the payment of taxes, as part of efforts to make the payment of taxes less stressful for taxpayers while...

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February 13, 2020 / Comments (0)

It’s too late for banks!- GSE gives up, shuts door to bank IPOs

June 19, 2018 With virtually six months to the Bank of Ghana’s minimum capital deadline for banks, the Ghana Stock Exchange (GSE) says banks hoping to use Initial Public Offers (IPOs) to recapitalise...

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June 19, 2018 / Comments (0)

Banks need more than GH¢400m as Basel II & III kick in

May 22, 2018 Banks will require more than the new capital requirement of GH¢400 million in order to meet the minimum capital adequacy ratio (CAR) under Basel II & III. Although most banks have...

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May 22, 2018 / Comments (0)