Ghana Risks Downgrade By Rating Agencies
Ghana might record a possible downgrade by credit rating agencies during their periodic assessment of economies in Africa. The recent ...
Tag: Systemic risk
Fitch Downgrades Nigeria’s Long-Term Rating
Ratings agency Fitch has downgraded the outlook on Nigeria’s long-term debt to B+ following concerns on the west African nation’s ...
Bank of America Profits Surge On Cost Cuts, Trading Gains
Bank of America Corp (BAC. N) reported a near-50-percent jump in fourth-quarter profit on Friday due to cost cuts and ...
China Needs To Regulate ‘money Gates’ But Guard Against Financial Stress
China needs to keep financial market liquidity stable and regulate its "money gates" to prevent asset bubbles, but it also ...
US Alleges Barclays Mortgage Securities Fraud
The US Department of Justice is suing Barclays for alleged mortgage securities fraud. It claims that Barclays misled investors about ...
Matured Bills & Bonds Reach GH¢145bn In 2016
Total bills and bonds auctioned this year, from January to October, by the government, Bank of Ghana, and COCOBOD including ...
Matured Bills & Bonds Reach GHC145bn In 2016
Total bills and bonds auctioned this year, from January to October, by the government, Bank of Ghana, and COCOBOD including ...
We’ll Not License Institutions That Fall Short of Banking Requirement- BoG
The Bank of Ghana (BoG) has warned that it will not license financial institutions that do not meet the criteria ...
Interbank Borrowing On the Rise
Banks borrowing from each other or the central bank, otherwise known as repurchase agreements or repos, has hit GH¢145.7 billion ...
Banks Find Innovative Ways To Manage Liquidity
Over the past six years, banks have increased their appetite for funds from overnight lending and placements which they source ...
Obama Officials Work Against Time To Wrap Banking Rules
U. S. officials are striving to put finishing touches on a slew of banking rules before President Barack Obama leaves ...
How Strong Are Our Banks?
How strong are our banks? In recent months, l have heard and read about genuine concerns expressed about the “banking ...
Dollar Shortage Stifles Trade In Newly Floated Egyptian Pound
Egypt's pound avoided the sharp drop that many had feared on its first day as a freely traded currency, but ...
Apex Bank Cautions Rural Banks Over Unregulated Concentration of Funds
Rural and community banks (RCBs) have been urged to invest in safe government and Bank of Ghana (BOG) instruments to ...
BoG Announces Plans To Give Out Shares In NIB and ADB
The Bank of Ghana (BoG) has announced plans to renounce its ownership of two banks in the country. Currently, the ...
Moody’s Ranked Ghana High Because of My Leadership – Mahama
President John Mahama has indicated that the country’s rating on the international scene has improved because of the good leadership ...
BoG To Give Banks Time In Meeting Recapitalization
The Bank of Ghana(BoG) has disclosed that it will give commercial banks some space to meet a new capital reserve ...
Moody’s Positive Rating of Ghana A Reflection of Economy- Terkper
Finance Minister Seth Terkper is optimistic recent revision of Ghana’s Long Term Bond Ratings from negative to stable by international ...
Brexit Pushes Rate On Cocobod Loan To 1.47%
The Ghana Cocoa Board (Cocobod) will pay more for it's annual cocoa loan this year than it did for the ...
Bawumia’s Lecture: Only Four Out of Eight Claims True
The Media Foundation for West Africa (MFWA) is disputing some facts presented by Dr. Mahamudu Bawumia, vice presidential candidate of ...