Governor of the Bank of Ghana, Dr Ernest Addison launching the guidelines on the sidelines of the IMF/World Bank Annual Meeting in Washington DC The Bank of Ghana (BoG) has launched a new guideline that would help better regulate the purchase of government securities like treasury bills, bonds, notes and Eurobonds. The Repurchase Agreement launched […]
Tag: ghana commercial bank
Ghana: Greening Accra – Bank of Africa Adopts Open Space
The Bank of Africa Ghana has signed a Memorandum of Understanding (MOU) with the Accra Metropolitan Assembly (AMA) to adopt and redevelop the triangular open space located in the heart of the city into a green park. At a brief signing ceremony held at the head office of the bank located in the Octagon building […]
‘Weird’ charges against Capital Bank owner would be difficult to prove – Lawyer
Ato Essien is the owner of defunct Capital Bank Legal practitioner, Elikplim Agbemava believes that the government’s charges against the owner of defunct Capital Bank will be difficult to prove in court. He told Raymond Acquah, host of JoyNews’ UpFront programme on Thursday that there are no provisions in the Banking Act which criminalise the […]
Lawyer Describes Capital Bank Owner Charges ‘Weird’
Ato Essien is the owner of defunct Capital Bank Legal practitioner, Elikplim Agbemava believes government’s charges against the owner of defunct Capital Bank will be difficult to prove in court. He told Raymond Acquah, host of JoyNews’ UpFront programme on Thursday that there are no provisions in the Banking Act which criminalise the alleged offences […]
Brakwa Breman Rural Bank gets new board
By Lord de-Graft Aikins, GNA Brakwa (C/R), Oct. 10, GNA – The Brakwa Breman Rural Bank (BBRB) Limited has elected an eight-member executive to spearhead the bank’s administration of its six branches across the Central Region. The BBRB envisages being the first choice rural bank with efficient and effective service delivery for poverty reduction and […]
Open Letter To Rawlings: You Can’t Damage The NDC
Your Excellency John Jerry Rawlings, for a few years now, l have observed you from far and near, and the more l do, the more heat l gather on my chest. I managed to contain it but it has reached its eruptive stage, and l will not allow it to paralyse me. Your Excellency, ever […]
Is the NDC ready for an Ashanti running mate?
L-R: Alex Mould and Dr. Kwabena Duffuor The popular Ghanaian saying that "adzi wo fie a oye" to wit it is good when it is home, comes to mind when I think about the possible names to be considered for the running mate position from the various Akan regions, to partner the flagbearer of the […]
GH¢14bn To Repay 1m Depositors Affected By Clean-Up — Minister
Information Minister Kojo Oppong Nkrumah The ongoing financial sector clean-up being undertaken by the government is estimated to cost GH¢14 billion, the Information Minister Kojo Oppong Nkrumah has said. This came to light during the fourth regional town hall meeting at Techiman in the Bono East Region under the theme: ‘Accounting For Financial Sector Resolution, […]
Government takes 1D1F initiative to prisons towards industrialising the economy
By Godwill Arthur-Mensah, GNA Nsawam(ER), Sept.26, GNA – Vice President Dr Mahamudu Bawumia Thursday inspected a toilet roll factory at the Nsawam Medium Security Prisons intended to enhance productivity and inculcate employable skills in the prisoners. The move would enable prison inmates to gain employable skills that would lead to sources of livelihood upon release […]
Justification for merger and nationalisation of indigenous banks
The oldest bank in the world still in existence is Banca Monte dei Paschi di Siena, headquartered in Siena, Italy, which has been operating continuously since 1472 and has not been merged with any bank since inception. In Ghana, the Bank of the British West Africa and Barclays Banks (a merger of the Anglo-Egyptian Bank […]