The Bank of Ghana’s latest Average Interests (IA) on deposits report released shows a decrease in the average minimum interests to be paid annually on deposits of customers’ funds logged at commercial banks in the country between May and September 2016. Figures from the central bank indicates a decrease from 12.3 percent to 12.2 percent. … Read more
The Bank of Ghana’s latest Average Interests (IA) on deposits report released shows a decrease in the average minimum interests to be paid annually on deposits of customers’ funds logged at commercial banks in the country between May and September 2016. Figures from the central bank indicate a decrease from 12.3 percent to 12.2 percent. … Read more
The Managing Director of Capital Bank, Reverend Fitzgerald Odonkor, has urged parents to ensure that they invest some of their finances in their children. According to him, there would always be competing demands for ones finances, hence the need for parents to discipline themselves and ensure that their children’s future was secured. At the launch … Read more
Much has been said about the role of mobile money in an economy such as Ghana’s. Since its advent onto the scene some seven years ago, the overriding debate has been whether it poses an existential threat or is rather a symbiotic platform for the banking industry. Some prominent figures in the banking industry have … Read more
The total deposits for commercial banks in the country increased to 42.3 billion cedis as at the end of December 2015. The figure increased from 36.2 billion cedis in the previous year, representing about 17 percent jump over the one year period. This is according to a 2016 Banking survey report released by the Price … Read more