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11.
Meet the Managing Directors of the 5 collapsed banks
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(Business)
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The Bank of Ghana (BoG) on Wednesday, August 1, 2018, collapsed five banks and merged them into what the BoG called 'Consolidated Bank Ghana Limited.
Concerns have been raised about the management of ...
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Created on 02 August 2018
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12.
GH¢400m capital requirement: Comply or merge – Council of State to banks
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(Business)
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The Council of State has urged banks that cannot meet Bank of Ghana’s new minimum capital requirement to consider merging.
In a meeting with the Bank over a petition submitted to President Akufo-Addo ...
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Created on 13 April 2018
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13.
Government confirms NIB and ADB merger
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(Business)
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The government via the Finance Ministry has confirmed that it will be merging ADB and NIB banks.
The confirmation follows an earlier hint that both banks were to be merged to become the proposed National ...
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Created on 23 November 2017
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14.
Banks to recapitalise to GHS400 million - BOG
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(Business)
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The Bank of Ghana will from Monday, September 11 give banks in the country three months to recapitalise to GH¢400 million, equivalent to about US$100 million.
The recapitalisation directive by the ...
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Created on 09 September 2017
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15.
UT/Capital banks collapse: Are the directors liable?
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(Opinion)
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Without warning, the country has been thrown into deep discussions about the collapse of UT Bank and Capital Bank. We are told that quite a few other banks may join the wagon.
UT Bank was listed on ...
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Created on 18 August 2017
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16.
Boosting Confidence in Ghana’s Banks
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(Business)
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Perhaps the most significant aspect of any modern economy is, the banking industry: a nation would fall into recession when banks are either unwilling to issue loans, or are themselves unable to pay up ...
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Created on 04 June 2017
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17.
The billionaire facing death over $44bn bank fraud
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(World)
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... Minh City, a 67-year-old property developer stands accused of looting one of Vietnam's largest banks over a period of 11 years.
The numbers involved are dizzying. Truong My Lan is charged with taking ...
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Created on 11 April 2024
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18.
OmniBSIC Bank’s third quarter profit surpasses GH¢150m
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(Business)
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...
Mr Asiedu said the bank’s cash and balances with other banks also grew by 18.9 per cent to GH¢646.87 million, and it enjoyed double growth rates in almost all income lines.
He said the interest income ...
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Created on 23 October 2023
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19.
NIB MD managed bank from Canada via zoom for close to a year – Isaac Adongo
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(general news)
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... was zoom managing that bank. Even very good performing banks cannot be managed by zoom for one year so clearly there are issues,” he said on JoyFM’s Top Story.
The Minority in parliament has alleged ...
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Created on 29 September 2023
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20.
Minority calls on govt to abandon plans to sell NIB
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(Politics)
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... of your banks, ADB, to come and buy your other bank NIB. Effectively, you are the one using your own money to buy a bank that you already own anyway.
“So, you collect your own money as consideration ...
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Created on 29 September 2023