Annual Percentage Rates and Average Interest As At 28th February, 2017
The Bank of Ghana has, today, released its latest data on Annual Percentage Rates (APR) of interest charged on loans ...
Tag: banking
Sooner Than Expected, US Fed Feels Its Time To Hike
The US Federal Reserve this week is poised to raise its benchmark interest rate amid burgeoning job growth and a ...
SIC Insurance Supports Ghana @60 With GHC200,000
The donation is aimed at supporting the various activities planned for the year-long celebrations SIC Insurance Company Limited, Ghana’s largest ...
BoG To Address Credit Challenges
The Bank of Ghana (BoG) says it’s working closely with the International Finance Corporation (IFC) to ensure the enactment of ...
Global Stocks Off Highs, Dollar Edges Lower As Fed Rate Rise Looms
The dollar retreated on Friday after two days of gains while world stocks pulled further back from all-time highs as ...
Government Will Pay State Debts By Improving Liquidity For Banks
The Finance Minister says government would focus on improving liquidity for banks through the payment of State-Owned Enterprise (SOE) debts. ...
2017 ‘Asempa’ Budget
Hon. Speaker, Honourable Members of Parliament, on the authority of President Nana Addo Dankwa Akufo-Addo, I beg to move that ...
AGRA Launches Financial Inclusion Project For Smallholder Farmers
A project to promote financial inclusion through a broader uptake and usage of mobile money payments and related financial services ...
Asian Shares Advance, Dollar Supported By March Rate Hike Bets
Asian shares rose on Thursday as investors were encouraged by President Donald Trump's measured tone in his first speech to ...
Banks Pay 11.9% But Charge 33.4%
Banks are paying an average of 11.9 per cent per annum as interest on deposits but charging their borrowers an ...
Fraud At Banks On the Rise
The Bank of Ghana (BoG) is alarmed at the rising spate of card fraud and defalcation in the banking sector ...
PURC Accountant Does Not Know His Job, Sack Him – Kofi Bentil
The Vice President of IMANI Ghana is demanding the dismissal of the accountant of the Public Utilities and Regulatory Commission ...
Divorce of Barclays Bank Won’t Affect Banking In Africa – Expert
A banking and finance expert, Dr. Laud Mensah has allayed fears the pulling out of Barclays PLC from Africa could ...
Divorce of Barclays PLC, Barclays Africa Won’t Affect Banking In Africa – Expert
A banking and finance expert, Dr. Laud Mensah has allayed fears the pulling out of Barclays PLC from Africa could ...
North Korea Steps Up Sanctions-Busting
North Korea is flouting tougher new UN sanctions with more ingenuous tactics, circumventing trade bans by relying on middlemen and ...
Federal Reserve May Raise US Rates ‘fairly Soon’
Federal Reserve officials have said they may need to raise interest rates "fairly soon" if the economy stays strong, minutes ...
US Fed Officials Say They May Need To Raise Rates ‘fairly Soon’
Federal Reserve officials said their outlook for the economy and interest rates had not changed much since December 2016, when ...
Heritage Bank Ready For Business
Heritage Bank Limited, a wholly owned Ghanaian bank, has unveiled its brand and first ultra-modern branch, during an official launch ...
Commerz S&L To Deepen Financial Inclusion With Technology
Commerz Savings and Loans, the newest entrant to the financial sector, is seeking to deploy technological tools to attract more ...
Central Bank Releases Data On APR and AI On Deposits
The Bank of Ghana has, today, released its latest data on Annual Percentage Rates (APR) of interest charged on loans ...