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Mahama promises to reinstate defunct banks after thorough, unbiased assessment

2024 flagbearer for the opposition National Democratic Congress (NDC), John Dramani Mahama, has reiterated his commitment to reviving collapsed banks and financial institutions following...

Liquidity risk is well contained in the banking sector BoG

The Bank of Ghana has noted that profitability within the banking sector improved during the year under review. Return-on-Equity (ROE) increased to 28.65 percent at end-December...

Ex-Venture Capital CEO, others begin refunding money to state

The three former officials of the Venture Capital Trust Fund who were convicted have started refunding money to the state per the arrangement with...

It didn’t make sense to continue supporting the collapsed banks – Bawumia

Vice President Dr Mahamudu Bawumia says government had no option than to shut down some banks and financial institutions in the country. He said even...

Some customers of defunct Banks receive locked-up funds

Some customers of the defunct local banks in the Upper East Region who had their monies locked-up are being paid at two branches of...

We did not conspire with BoG to collapse Ghanaian banks – Ofori-Atta

The Minister of Finance, Ken Ofori-Atta says government did not to conspire with the Central bank, the Bank of Ghana (BoG), to collapse some...

Settle customers of collapsed financial institutions with ESLA fund Terkper

A former Finance Minister, Seth Terkper, believes the Akufo-Addo has no excuse for not paying customers of the collapsed financial institutions because of the...

Capital Bank collapse: Ato Essien willing to refund GH¢27.5million to the state

Lawyers of Willaim Ato Essien, the founder of the defunct Capital Bank, who is standing trial for allegedly collapsing the bank, has told the...

Customers of collapsed fund management companies to bark at Akufo-Addo with demo

Aggrieved customers of the defunct Fund Management Companies (FMCs) have promised to hold a demonstration against the Akufo-Addo-led government over their seeming nonchalance about...

Well turn Ghana upside down Angry customers of collapsed financial institutions

Some aggrieved customers of collapsed financial institutions in Ghana who are yet to retrieve their funds have threatened to destabilize the country even if...

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