09/28/2020
Failure to extend the suspension means that banks, saccos and microfinance firms will be free to provide negative credit information to the three CRBs, shifting the focus to CBK governor Patrick Njoroge.
09/27/2020
This was exacerbated by an imminent reform supposed to switch eight ECOWAS members who use the CFA Franc, which ties their economies to former colonial ruler France, to the Eco.
09/27/2020
Mr Ankomah was speaking at the 2020 Axis Pension Pre-Retirement Seminar which was held on the theme: ‘Empowering the Axis retiree to retire in style’.
09/27/2020
Digital detection spells jail time for insurance scammers.
09/25/2020
However, recent events and trends have come to the defence of the reformists at the BoG.
09/25/2020
The 2019 Banking Industry and Fraud Report released by the Bank of Ghana revealed that fraud cases in the banking sector increased to 2,295 from 2,175, representing 5.5 percent in 2019.
09/24/2020
He said that on January 19, 2015, N359m was transferred to the minister’s account, adding that before the transfer, the balance in the account was N2, 614.38
09/24/2020
“We are delighted once again to have one of our attorneys be recognized by the ALA, with a prestigious recognition,” said NJ Ayuk, CEO of Centurion Law Group.
09/23/2020
CBN gives up on its policy of attracting dollars
CBN has given up its policy of attracting ‘hot money’ as it selects an alternative way to fight inflation.
09/22/2020
Several months after watchdog provisionally suspended its financial services provider licence
09/21/2020
What you should know about taking large sums of money out of South Africa
Powell has published a new guide for South Africans looking to take their money out of the country and the regulations that they should be aware of before doing so.
09/21/2020
The opening remark was presented by Olayinka Fayomi, Chairman, Foreign Investment Network (FIN).
09/21/2020
In August, a Manhattan judge granted a secret court order giving the Industrial Development Corporation (IDC) access to Gupta financial records held at more than a dozen New York banks.
09/21/2020
The CBK on Friday licensed the country’s first mortgage refinance firm, paving the way for commercial banks to access long-term finance for home loans.
09/20/2020
Surge in South Africans weighing up options to leave the country
Montenegro enquiries increased by 25% in Q3 compared to Q1, and St. Lucia enquiries increased by 46% in the same period, it said.
09/20/2020
CBN has upscaled Greenwich Trust Limited to the status of a merchant bank.
09/18/2020
In order to raise its income and make a step in enlarging its borders, Nigeria made a few deals with Kenyan banks.
09/17/2020
When AlBaraka began updating its core banking platform it needed to ensure that the new system integrated with the SARB and complied with local legislation.
09/17/2020
On May 31, 2019, 347 microfinance companies had their license revoked by the Bank of Ghana as part of the financial sector cleanup.
09/17/2020
Over the past five years, there has been several unceremonious departures from the market, of a number of retail chains that went under with millions of dollars in supplier credit, bank loans, rent and wages arrears.