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High taxes, GHS400m locked-up funds negatively impacting rural banks – ARB Apex Bank

Rural and Community Banks in Ghana are grappling with challenges stemming from increased taxes and the issue of locked-up funds totaling GH¢400 million. Speaking...

CEOs of RCBs prompted to innovate and cooperate for post-DDEP prosperity

CEOs leading Rural and Community Banks (RCBs) are encouraged to embrace innovation in their strategies and foster collaboration with stakeholders to secure prosperity and...

BoG dissolved 426 microfinance firms associated to NDC members – Ato Forson

Minority Leader in Parliament, Dr. Cassiel Ato Forson, has leveled accusations against the Bank of Ghana, alleging the closure of over 400 microfinance institutions...

BoG expects quick rebuild of capital buffers by banks

The Bank of Ghana (BoG) is urging banks to swiftly rebuild their capital buffers, particularly by receiving equity capital injections from shareholders. This move...

UMB, 4 other banks in Ghana tops CIMG Customer Satisfaction Index for customer service in Ghana

In the 2022 Chartered Institute of Marketing Ghana Customer Satisfaction Index, only five banks achieved a score exceeding the 98% threshold. This marks a...

“The banks leak information” – Kennedy Agyapong alleges

Member of parliament for Assin Central, Kennedy Agyapong, has accused some banks of disclosing account information for some ministers of state and other authorities. He...

The Tigris: The river that birthed civilisation

Reaching the source of the Tigris is not an easy task. Where a dirt road ends, a small path leads over the shoulder of...

Banks anticipated to reestablish capital buffers soon

Dr. Ernest Addison, Governor of the Bank of Ghana, voiced confidence in the banking sector's ability to quickly restore capital buffers with help from...

Do not accept soft-skinned bullion vans into your premises – Association warns Banks

The Association of bullion van operators has announced the complete withdrawal of all soft-skinned bullion vans from operations nationwide. Banks have been warned not...

Financial institutions encouraged to collaborate with Pan African Payment Settlement System

Director and Head of the Payment Systems Department at the Bank of Ghana (BoG), Dr. Amediku Settor, has urged Ghanaian commercial banks to collaborate...

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