Category archives for: Finance

Ghana: Duffuor, Nduom, Afenyi-Dadzie, Dzani, Others Lose Financial Companies in BoG Cleanup

August 20, 2019//-The Bank of Ghana (BoG), has revoked the licenses of twenty-three (23) insolvent savings and loans companies and finance house companies owned by some prominent individuals in the Ghanaian society, including Dr. Kwabena Duffuor, ex-Finance Minister of Ghana and former governor of BoG, and the youngest member of the Council of State and […]

Bank of Ghana Directs Rural Banks to Meet Minimum Capital By 2020

Accra, Ghana, August 20, 2019//-The Bank of Ghana (BoG) has directed all the rural banks and community banks operating in the country to meet their minimum capital by 28th February 2020.

Bayport PLC Posts Impressive Results in Half Year

Accra, Ghana, August 19, 2019//-Bayport Savings and loans PLC has disclosed its net income of GH¢125.3 million at the close of the first half of 2019 with loans and advances recorded growth of 23 percent.

Bank of Ghana Revokes Licences of 23 Savings and Loans Companies, Others

Accra, Ghana, August 16, 2019//-The Bank of Ghana has, with effect from today, revoked the licences of 23 insolvent savings and loans companies and finance house companies operating in the country.

Bank of Ghana Issues Stern Warning to Financial Institutions Over Unnecessary Fees 

Accra, Ghana, August 15, 2019//-The Bank of Ghana (BoG) today issued a stern warning to banks and Specialized Deposit-taking Institutions (SDIs) to desist from taking facilitation and business development fees or any other fees from their customers henceforth.

Ecobank Appoints new Group Chief Financial Officer as Davis Bows Out

Lome, Togo, August 5, 2019/ — Ecobank Transnational Incorporated (ETI), the Lomé-based parent company of the Ecobank Group has been appointed Ayo Adepoju as Group Chief Financial Officer, with immediate effect.

UBA Ghana MD/CEO Visits Clatural at UBA Market Place in Abuja

Accra, Ghana, July 31, 2019//-The United Bank for Africa (Ghana) MD/CEO, Isong Udom paid a visit to the stand of Clatural, a luxurious, stylish Afrocentric fashion and accents brand for both men and women at the UBA Marketplace in Abuja, Nigeria.

Banks and the Changing Face of Risk

In a rapidly changing risk landscape, successful banks will deploy highly skilled, diverse, and agile risk organizations. July 28, 2019//-The world is changing in ways that are reshaping the risk landscape. We see three inter-related changes as particularly relevant for banks.

Empowering Young African Entrepreneurs: African Presidents and Global Leaders Tackle Job Creation at 2019 TEF Forum

Abuja, Nigeria, July 28, 2019//-At the recently concluded 5th edition of the Tony Elumelu Foundation (TEF) Entrepreneurship Forum, five African Presidents and thousands of young African entrepreneurs converged at the most influential gathering in the African entrepreneurship ecosystem.

US$100 Bill on the Rise

July 25, 2019//-A curious thing has happened in US currency: the $100 bill recently overtook the ubiquitous $1 bill in circulation volume, for the first time in history.

Photo Gallery

Log in | Designed by Village Pixels