New Minimum Capital For Banks Pegged At GHc200-260m
Commercial banks in Ghana would have to increase their minimum capital for operation to at least 200 million cedis. This ...
Tag: Nana Otuo Acheampong
Banks To Merge Over Projected GHC260m Capital Review – Zenith Bank MD
The Bank of Ghana’s decision to peg the new minimum capital requirement for commercial banks at an estimated 260 million ...
Banks To Merge Over Projected GHc260m Capital Review – Zenith Bank MD
The Bank of Ghana’s decision to peg the new minimum capital requirement for commercial banks at an estimated 260 million ...
17.5% Financial Services VAT To Reduce Cost of Services
Some financial institutions have assured customers of lower cost of services with the implementation of the scrapping of the 17.5 ...
Banks Begin To Abide By GRA Directive On VAT
Some banks in the country have begun complying with the directive from the Ghana Revenue Authority (GRA), ordering them to ...
Stop Charging VAT On Financial Services- GRA Orders
The Ghana Revenue Authority (GRA) has directed all financial institutions to discontinue charging VAT on financial services after Finance Minister, ...
Nana Addo’s 100-Days In Office- Businesses Expecting More
As the Nana Akufo-Addo’s government reaches its 100 days in office, the Ghanaian business community appears to be highly expectant ...
33 Banks To Compete For 16th Edition of Ghana Banking Awards
Thirty-three banks are expected to compete for this year’s Ghana Banking Awards(GBA) scheduled for July 8, 2017. In all, the ...
Dr. Ernest Addison To Be Named BoG Governor
A lead economist at the African Development Bank Dr. Ernest Addison is set to take over as the new governor ...
Governor’s Open Declaration For NDC Influenced His Exit
The Minister for Monitoring and Evaluation, Dr. Anthony Akoto Osei has told Citi Business News the Bank of Ghana Governor’s ...
Reduction In Policy Rate Long Overdue- Economist
Economist, and Head of Finance Department at the University of Ghana Business School, Professor Godfred Bokpin has criticized the Bank ...
BoG Builds Customer Confidence With New Consumer Complaints Guidelines
Consumers of financial services will from henceforth be able to demand compliance from their respective institutions they transact business with. ...
Experts Condemn Akufo-Addo’s Appointment of GOIL MD
Energy experts have criticised the appointment of a new Managing Director of the Ghana Oil Company (GOIL), arguing that the government ...
Banks Position Themselves For Recapitalization
Commercial banks across the country are confident of meeting the new minimum capital requirement yet to be set by the ...
Savings Deposits Surpass Fixed Deposits
Growth of demand deposits (current and savings accounts) grew more than time or fixed deposits as at the end of ...
Cut Number of Banks From 33 To 15- Analyts To BoG
Some business and financial analysts have begun expressing worry over the growing number of banks in the country. There are ...
Number of Banks To Hit 37
Despite calls for banks to merge in order to build their capacity, Citi Business News has gathered that four more ...
Bankers Upbeat About Nana Addo’s Private Sector Development Agenda
Players in the banking industry are upbeat about a turnaround in the sector with the assumption of office by President ...
Bankers Upbeat About Nana Addo’s Private Sector Dev’t Agenda
Players in the banking industry are upbeat about a turnaround in the sector with the assumption of office by President ...
Replace BoG Contact Centre With Independent Ombudsman – Nana Otuo Acheampong
The Bank of Ghana may have to resort to an independent body if it wants to effectively address concerns within ...