LISTEN MAY 22, 2020 1 COMMENT Founder of the defunct Capital Bank, William Ato Essien who is facing trial over the collapsed of the bank has expressed his willingness and readiness to refund GHC27.5 million back to the State. Essien expressed this through his lawyers when the matter came up at an Accra High Court […]
Tag: cal bank
Here are the top 10 skyscrapers in Ghana
In Africa, the tallest tower is the Great Mosque of Algiers (270m) while the tallest buildings in Africa include the Carlton Centre in South Africa (233m), the Britam Tower in Kenya (200m) and the Ponte City Apartments (173m) also in Johannesburg, South Africa. Ghana can as well boast of such buildings. Here are the top […]
Bank Of Ghana Must Temporarily Support Govt Budget – IEA
Dr John Kwabena Kwakye, Director of Research at the Institute of Economic Affairs The Institute of Economic Affairs (IEA) has urged the Bank of Ghana to amend its Act which requires zero financing of government budget to enable it to temporarily support the budget of government in these difficult times. The institute believes the central […]
Listed Bank equities as an investment option
File photo Interest rates, inflation, foreign exchange amongst others are factors to consider when making investment decisions in an economy. Changes in these indicators directly and indirectly affect the performance of financial investments, especially the Ghana Stock Exchange (GSE) where various companies are listed. We have however witnessed changes in the economic figures and news […]
Companies Resort To Virtual AGMs As 2 Local Firms Drive COVID-19 Response
In response to the COVID-19 pandemic, two indigenous firms have embarked on an initiative to partner public listed companies in the country to hold their Annual General Meetings (AGMs) electronically. The firms — Npontu Technologies Limited, which is into IT, and Novelty Innovations, a videography firm — have already provided virtual solutions for Access Bank […]
Companies resort to virtual AGMs as 2 Local firms drive COVID-19 response
Shareholders at Access Bank’s virtual AGM In response to the COVID-19 pandemic, two indigenous firms have embarked on an initiative to partner public listed companies in the country to hold their Annual General Meetings (AGMs) electronically. The firms — Npontu Technologies Limited, which is into IT, and Novelty Innovations, a videography firm — have already […]
The GSE: How banks have performed in the last five years
File photo Interest rates, inflation, foreign exchange amongst others are factors to consider when making investment decisions in an economy. Changes in these indicators, directly and indirectly, affect the performance of financial investments, especially the Ghana Stock Exchange (GSE) where various companies are listed. We have however witnessed changes in the economic figures and news […]
Capital Bank collapse: Ato Essien willing to refund GH¢27.5million to the state
Former Chief Executive Officer (CEO) of the defunct Capital Bank, William Ato Essien Lawyers of William Ato Essien, the founder of the defunct Capital Bank, who is standing trial for allegedly collapsing the bank, has told the Accra High Court that their client is willing to refund GH¢27.5 million back to the state. The amount […]
CAL Bank says loan advances to customers will slow amid covid- 19
CAL Bank has indicated it may have some challenges in granting fresh loans in the coming months. This is due to the impact of Coronavirus pandemic on the bank’s operations which has affected repayment of loans. Speaking at Ghana Stock Exchange’s (GSE) virtual ‘Fact Behind the Figures’, the Managing Director of the bank Philip Owuredu […]
LAFC and Banc of California Restructure Partnership
LOS ANGELES–( BUSINESS WIRE )–The Los Angeles Football Club (LAFC) and Banc of California, N.A. today jointly announced a restructuring of their long-term partnership. The restructuring will include the bank eventually stepping away from its naming-rights position on LAFC’s downtown stadium, while continuing to serve as LAFC’s primary banking partner and remaining a partner on […]