Money Box
Growing up in the mid 90’s it was very common practice to see children save in either a tin or ...
Tag: banks
BoG To Offload 10% To 20% of GhIPSS To Commercial Banks
Citi Business News has gathered that the Bank of Ghana (BoG) may allow commercial banks to acquire between 10 and ...
Investors Cautioned Against Investing In Banking Stocks
Fund managers in the country have been cautioned against investing in banking stocks as the return on such investments keep ...
BoG Considers Increasing Minimum Capital Requirement of Banks
The Bank of Ghana (BoG) is working to increase the minimum capital that every commercial bank must have in order ...
Fancy Adverts, Terrible Service
In Accra not an hour goes by on local radio and television without an advert of a bank promoting some ...
Rural Banks To Venture Into Insurance
The Association of Rural Banks says it taking steps to establish an insurance company to take care of high risk ...
32 Banks For Ghana’s Economy Okay – Acheampong
Banking consultant, Nana Otuo Acheampong has stated that the increasing number of banks in the country is not a disincentive ...
Telcos Bemoan Delays Over E-Money License
Mobile money operators in the country want the Bank of Ghana to expedite the processes of issuing licenses to Dedicated ...
Banks Warned Not To Cut Lending Due To High NPLs
Commercial Banks in the country are being urged not to cut or reduce lending to the public and businesses due ...
GhIPSS Charges Banks To Expand Instant Pay Service
The Ghana Inter-bank Payment and Settlements Systems (GhIPSS) has charged banks in the country to expand the Instant Pay service ...
Bad Economic Management Cause of Failed Eurobond
Due to the lack of measures to mitigate the negative impact of economic factors, the Mahama-led National Democratic Congress (NDC) ...
HFC Awaits Court’s Ruling In Finatrade Debt Saga
HFC bank has told Citi Business News it will await a court ruling before it makes its next move following ...
Complete Biography & Profile of Alan John Kojo Kyerematen, Former Minister for Trade & PSI
Alan John Kwadwo Kyerematen (popularly called Alan Cash) is a Ghanaian politician, a corporate executive, a diplomat and an international ...
Income Tax Increment Threatens Survival of Rural Banks
The Association of Rural Banks have expressed fears that the increment in the Corporate Tax of rural and community banks ...
Finatrade’S GH¢1.2bn Debt Exposes Banks’ Greed
The Chief Executive Officer of Dalex Finance, Mr Ken Thompson, says the risk of default on Finatrade's GH¢1.2 billion debt ...
Gov´T Urged to Consider Tax Credit to Mortgage Institutions
The managing director of HFC Bank, Mr Robert Le Hunte, has called on the government to consider a tax credit ...
38-Year-Old Arrested by Ghana Police for Hacking into Banks and Transferring Money into His Account
A 38-year-old man, alleged to be a specialist in hacking into the emails of banks and other business institutions to ...
Fear over Possible New Currency Prompts Bank Run in Zimbabwe
A prolonged shortage of the U.S. dollar, the dominant circulating currency in Zimbabwe, has worsened over the past two weeks ...
Zimbabwe on the Brink of Complete Economic Collapse as It Slashes Retirement Age by 10 Years
Zimbabwe is so desperate for cash it has cut the retirement age for soldiers from 60 years to 50. Only ...
Thousands Sign Up As PayPal launches in Nigeria.
PayPal has signed up "tens of thousand" of Nigerians in its first week of operating in Africa's biggest economy, with ...