The Chairman of Groupe Nduom, Dr Papa Kwesi Nduom is assuring customers of Gold Coast Holdings and GN Bank of addressing their cash withdrawal needs to a large extent, from Monday October 1, 2018.
The Bank of Ghana (BoG) says 19 local banks are likely to meet the new minimum capital requirement of GHS400 million by the December 31, 2018, deadline.
A member of the Parliamentary Select Committee on Finance says the rating of Ghana’s credit rating by the international rating agency, Standards and Poor's (S&P) Global, does not reflect the actual situation in the country.
Three banks, GN Bank, Heritage Bank and Premium Bank have initiated merger talks and have consequently informed the Bank of Ghana (BoG) about their intent.
Vice-President Dr Bawumia says the Akufo-Addo government has performed far better in managing the depreciation of the Ghana cedi in relation to the U.S. dollar than the erstwhile NDC administration.
Customers of UniCredit Savings and Loans, a sister company of the defunct UniBank, have besieged the Kantamanto branch to demand their deposits as the perception of UniCredit having liquidity challenges increases.
Menzgold Ghana Company has severely criticized and rejected as worthless, a letter issued to them by the Securities and Exchange Commission (SEC) directing them to shut down all investment trading in gold.
The Special Surveillance Monitoring Unit of the GRA Customs Division has arrested 6 vehicles with ECOWAS number plates for abusing the Temporary Vehicle Importation regime (TVI)
Spokesperson for Dr Bawumia, Gideon Boako, has said the NPP government should be commended for improving on the rate of the cedi’s depreciation, despite that fact that Ghc5.00 is almost equal to one dollar.
The newly-created Consolidated Bank Ghana Limited (CBG) will be closing down 98 of its 191 inherited branches and keeping 93, Chairman of Parliament’s Finance Committee, Dr Mark Asibey-Yeboah, has said.
