Tag Archives: BANKING

Dr Mark Assibey-Yeboah, a former chairman of the Finance Committee of Parliament is predicting doom for the financial sector if the Domestic Debt Exchange Programme (DDEP) is not handled well. The former Member of Parliament for New Juaben South does not see any light in the immediate future and is concerned that the finance …

Former Stanbic Bank chief makes strong case for Islamic banking Renowned economist and banker, Alhaji Alhassan Andani has reiterated the importance of Muslims practicalising their faith in all aspects of their lives. The one-time CEO of Stanbic Bank Ghana stressed that an important part of manifesting the Islamic faith is …

Wealthy Ghanaian businessman Daniel Ofori’s investment in Ghana’s fourth-largest bank, Societe Generale Ghana, is now worth GH¢57.9 million (US$9.03 million), owing to a rise in the firm’s shares in 2021. Societe Generale Ghana, a subsidiary of the French international investment bank Societe Generale, operates as one of 17 operational divisions …

Data published by the Bank of Ghana have shown that consumers’ appetite for Internet banking has started slowing down. An analysis of the Summary of Economic and Financial data (January 2022) indicates that the growth rate of Internet banking – both in terms of value and volume – slowed in December, …

In the coming year 2021, the banking sector in the country will no longer be with astute brands that have held the fort. These individuals are peculiar for nurturing and growing the banking industry in Ghana they served and headed for decades. About six managers, in 2020, have paved way …

Masked armed robbers numbering five on Sunday dawn attacked the Ahantaman Rural Bank Limited in Abura, in the Abura-Asebu-Kwamankese District of the Central Region. Police investigators confirm to MyNewsGh.com that two of the robbers armed with pump-action guns first attacked the colleague Security men at their security post. They tied …

Correction: This story earlier suggested that the President of the National House of Chiefs, Togbe Afede XIV had blamed SEC for their poor handling of the clean-up process that led to the loss of many jobs. He did not state that, rather, he suggested SEC could have better performed its scrutiny …

The Vice-President of Ghana, Dr. Mahamudu Bawumia has said that the government has kept to its promise of ensuring that depositors who had their monies locked up in over 82 collapsed micro-finance institutions do not lose their funds, MyNewsGh.com reports. The Vice President in an exclusive interview with Kwame Adinkrah on Kumasi-based …