SIC-FSL Denies Pledging Shares As Unibank Makes U-Turn
SIC Financial Services Limited (SIC-FSL) one of the shareholders of ADB has denied having pledged its shares in ADB to ...
Tag: banks
Takeover of ADB By UniBank ‘not Approved’ – BoG Declares
The Bank of Ghana (BoG) has dismissed the purported takeover of the Agricultural Development Bank (ADB) by another local bank, ...
ADB Suspended On the Ghana Stock Exchange
The Ghana Stock Exchange has suspended the trading of Agricultural Development Bank (ADB) shares on the Ghana Stock Exchange effective ...
UniBank Acquires ADB In 600 Million Cedis Deal
Shareholders of the Agricultural Development Bank have pledged over 51% shares to Unibank for 600 million Ghana Cedis. A consortium ...
Commercial Banks With Local Ownership Still Dominant
The Bank of Ghana (BoG) has refuted reports that majority of commercial banks in the country are owned by foreigners. ...
UniBank Challenges Korle Bu Over Onsite Banking Contract
uniBank Ghana Limited has expressed displeasure at a recent press release from Korle Bu Teaching Hospital (KBTH) regarding a contract ...
Korle Bu Gives Blow-By-Bow Account of UniBank Contract Termination
The Public Relations Unit of Korle Bu the Teaching Hospital has given a detailed account with regards to the brouhaha ...
Citi FM’s COPE Receives Surprising Donation of C453 From 11-Yr-Old Pupil
Kekeli Eni, an 11-year-old pupil of Roman Ridge School in Accra, has donated his over 2-year savings of ¢453.20 to ...
Residents Threaten Demonstrate Over Bad Roads
Some residents who reside at the Community 22 annex, Washington, New York, Zenu, BBC and its environs within the Kpone ...
EC Finance Director Threatens Suit Over ‘suspension’
The Electoral Commission may soon have a lawsuit on its hand if its embattled Director of Finance, Dr. Joseph Kwaku Asamoah, ...
GCNET To Pilot Paperless Regime In August
The Ghana Community Network Services Limited (GCNet) has told Citi Business News it will from next month , pilot its systems aimed ...
Midyear Outlook: 74% of Banks Fail To Match Reduction In MPR
A GN Research analysis of Bank of Ghana’s (BoG) annual percentage rates (apr) and average interest (ai) have shown that ...
Higher Interest Rates Boost Bank of America Earnings
Bank of America reported higher second-quarter earnings Tuesday, thanks to a boost in total loans and the benefit of increased ...
US Arrests British Traders Over Forex Manipulation
Three British former foreign exchange traders for major banks have surrendered to US authorities to face criminal charges of market ...
Bank of Nigeria Predicts Massive Growth In 3rd Quarter
Nigeria’s troubled economy will record tremendous improvement by the third quarter of the year, the Central Bank of Nigeria (CBN), ...
Dr. Duffuor II Is New MD of UniBank
Citi Business News can confirm that the board of indigenous bank, uniBank has appointed Dr. Kwabena Duffour II as its ...
New York Fines BNP Paribas $350 Mn Over Fake Currency Trading
New York state bank regulators fined BNP Paribas $350 million for "illegal, unsafe and unsound" currency trading practices that included ...
UniBank Donates Pick-Up, Roofing Sheets and Cash To NADMO
The country's most avid indigenous banking service providers’ uniBank Ghana Limited has supported the National Disaster Management Organisation (NADMO) with ...
GTBank Pays Courtesy Call On Governor
A five-man delegation led by the Managing Director of Guaranty Trust Bank (Ghana) Limited, Mr. Lekan Sanusi, on Thursday, May ...
Developing Countries Including Ghana Risk Losing Credibility – World Bank President
World Bank President, Jim Yong Kim has warned that developing countries including Ghana stand the risk of losing credibility if ...