Prime News Ghana

Today's Ghana Business, Banking and Economic news

Banks must avoid verbal promises to borrowers, consultant says

CEO of Meridian Legal and Financial Consult, Carl Abruguah, has tasked banks’ loan recovery officers to understand the contractual terms of the loans and credits advanced to clients to enable them deploy the requisite legal actions to recover those debts when they are due.

300 shops closed at Arts Centre

About 300 artefact shops at the Arts Centre in Accra have shut down due to COVID-19, Mr Ayingura Sunday, Secretary of the Greater Accra Arts and Crafts Dealers Association has said.

Fidelity Bank’s national scale rating upgraded

An international rating agency, Global Credit Rating Agency has upgraded Fidelity Bank Ghana’s national scale long term ratings from A- to A and short-term ratings from A2 to A1, with a stable outlook.

First Atlantic Bank launches 25th Anniversary 

First Atlantic Bank has launched its 25th Anniversary celebration with a commitment to continue providing its customers with innovative products and services as it positions itself for bigger competition in West Africa.