Tag Archives: BANK

Angry Nigerian protestors have set three new generational bank buildings ablaze along the Admiralty Way in Lekki, Lagos. The three banks have been identified as Polaris, GTB and Access Bank branches. The incident reportedly happened on Tuesday night following shootings by security agents at #EndSARS protesters demonstrating against police brutality …

The World Bank has warned African countries, Ghana inclusive to spend wisely and implement innovative strategies which will broaden the tax net to capture every income-generating activity in order to close the vast fiscal gap induced by the pandemic – adding that the situation has further heightened the country’s risk …

Ghana will host the African Development Bank’s next Annual Meetings in May 2021, it was announced Thursday, at the end of the Group’s 2020 meetings. The 2021 meetings will take place in the country’s capital city, Accra. Côte d’Ivoire’s Planning Minister Niale Kaba handed over the baton to Ghana, announcing …

A branch of Access Bank in Lagos caught fire on Wednesday, August 26, 2020. The raging fire was captured on phone cameras by pedestrians from the road and people in surrounding buildings in Adetokunbo Ademola, Victoria Island where the building is located. Fire fighters are reported to have responded to …

ECOWAS Bank for Investment and Development says it has invested over $300-million into Ghana’s economy. Areas of investment, the bank said to include, Energy, Trade, Technology, Tourism, and hospitality industry.Dr. George Nana Agyekum Donkor, the President of the Bank, made this known when he and other staff of the bank …

For some time now some banks in Ghana have been closed down following poor management and some other factors.   We appreciate and accept that jobs and properties have been lost but the harm of allowing these banks to operate would have been greater than this if not government’s swift …

Mr John Awuah, the Deputy Chief Executive Officer of Ghana Association of Bankers, has revealed that the advent of the COVID-19 pandemic has slowed down banking business and increased risk of impact on loan performance. COVID-19 has had a negative impact on the economy and the banking sector as economic …

A bullion van belonging to Absa Bank was on Friday afternoon robbed at gunpoint by 8 unmasked men at Maapehia on the Techiman – Sunyani in the Bono East Region, MyNewsGh.com has confirmed. The incident happened when one Lance Corporal Yussif Abubakar , a Police officer stationed at Tanoso District Headquarters on …

The clothing allowance paid to members of the Ghana Banking Association is now subject to taxation, the Ghana Revenue Authority (GRA) has revealed. In a letter addressed to the Executive Secretary of the Ghana Banking Association on Tuesday, 17 December 2019 and signed by the Acting Commissioner-General of the GRA, …

Former Finance Minister, Seth Terkper, has said he cannot accept blame for the circumstances that led to the collapse of some local banks in the country. According to him, several laws and regulations were put in place in order to regulate the financial sector when the National Democratic Congress (NDC) …