Tag Archives: banking crises

For some time now some banks in Ghana have been closed down following poor management and some other factors. We accept that jobs and properties have been lost but the harm of allowing these banks to be in operation would have been greater than this. Considering customers of D.K.M, Menzgold, …

Oscar Yao Doe, the Chairman of Doscar Group, has yet again brought to questioning the personalities of Finance Minister; Mr. Ken Ofori-Atta, Governor of the Bank of Ghana; Ernest Addison and Nii Amanor Dodoo; a former principal partner at KPMG Ghana, for their roles in the banking crisis in the …

Former President John Mahama in 2016 openly admitted that the banking sector under his watch was crumbling due to poor supervision from the Bank of Ghana. In his State of the Nation Address (SONA) in 2016, he told Members of Parliament (MPs) bluntly about how poor supervision was adversely affecting …

Financial Analyst, Toma Imihere, has countered the Bank of Ghana‘s (BoG) assertion that the clean-up of the banking sector has been completed. On The Big Issue on Saturday, Mr. Imihere said there are still some major institutions unable to meet the minimum capital requirement and that claims the sector has …