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Fidelity and First National Banks develop special arrangements over suspension of Forex license

First National and Fidelity Banks have announced the creation of unique arrangements with partner banks in response to the Bank of Ghana (BoG) temporarily...

Banks, MoMo accounts, others lose GH¢82m to fraudsters in 2022 – BoG

Fraudsters managed to steal GH¢82 million from various financial institutions in Ghana in 2022, according to a report by the Bank of Ghana (BoG). The...

Nationalistic support crucial for Ghanaian start-ups – Zeepay CEO

CEO of Zeepay, Andrew Takyi-Appiah, has advocated for a nationalistic approach to support for Ghanaian start-ups. Mr. Takyi-Appiah opined that the various financial institutions in...

GAB advocates for a comprehensive solution to solve credit culture loopholes

There is an urgent need for coordinated efforts to aggressively address difficulties impacting the country's credit climate according to John Awuah, Chief Executive Officer...

Enhance stability fund to aid struggling banks – Dr Atuahene to govt and BoG

An expert in banking and finance, Dr. Richard Atuahene, has asked the Bank of Ghana (BoG) and the government to boost the Ghana Financial...

African central banks are ready to keep rates as inflation falls

Most African central banks are expected to keep interest rates unchanged in the coming two weeks as decades-high inflation eases following more than a...

Bankers express concern over Card fraud schemes

Recent events have exposed card fraud schemes that have left some consumers suffering from unauthorized money transfers and subsequent avoidance of mandatory charges. The issue...

It will be difficult for Mahama to revive banks that were ‘unjustly’ collapsed – Financial Expert

A financial analyst, Joe Jackson has opined that former President, John Dramani Mahama would face a difficult task in restoring the licenses of banks...

Stanbic Bank calls for transparency between banks and fintechs

Banks and fintech companies have been entreated to create collaborations based on trust and transparency according to Head of Business Enablement at Stanbic Bank...

DDEP: Difficult times for banks has come to an end – Economist

The losses incurred by banks in the 2022 fiscal year, according to economist Prof. Godfred Bokpin, may be the worst that could occur as...

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