The government has triggered an action plan to ensure that the country is delisted from the European Union’s (EU’s) grey list of countries with anti-money laundering deficiencies by the first quarter of 2021, a Deputy Minister of Finance, Mr Kwaku Kwarteng, has said. He said the execution of the action plan — working with the […]
Customers of CAL Bank were the most satisfied with measures put in place by the bank during the covid-19 pandemic, according to the 2020 KPMG Banking Customer Experience Survey. According to the survey, 90% of customers surveyed were aware of their banks support during the pandemic. Absa, Stanbic and Standard Chartered placed third respectively. With […]
LISTEN NOV 4, 2020 An Accra Circuit Court has sentenced a banker to two years imprisonment in hard labour for stealing GH¢499,022.10 belonging to the CAL Bank Limited. Leslie Afotey, after stealing the money in 2018, refunded GH¢128,022.10 out of GH¢160,000 he won from betting. He pleaded not guilty to the charge of stealing but […]
An Accra Circuit Court has sentenced a banker to two years imprisonment in hard labour for stealing GH¢499,022.10 belonging to the CAL Bank Limited. Leslie Afotey, after stealing the money in 2018, refunded GH¢128,022.10 out of GH¢160,000 he won from betting. Afiliate Top He pleaded not guilty to the charge of stealing but the Court, […]
An Accra Circuit Court has sentenced a banker to two years imprisonment in hard labour for stealing GH¢499,022.10 belonging to the CAL Bank Limited. Leslie Afotey, after stealing the money in 2018, refunded GH¢128,022.10 out of GH¢160,000 he won from betting. He pleaded not guilty to the charge of stealing but the Court, presided over […]
LISTEN OCT 15, 2020 An Accra Magistrate Court has issued a bench warrant for the immediate arrest of Christian Quarshie and Mohammed Salue for allegedly defrauding by false pretences and issuing of false cheque. The two are alleged to have used a fake Cal Bank cheque valued at GH¢140,000 to purchase a Toyota Rav 4 […]
The Bank of Ghana (BoG) has been advised to improve on its enforcement of cybersecurity. Speaking to Joy Business on the sidelines of a programme on the impact of Covid-19 on Ghana’s digitalisation agenda, National Security Advisor, Albert Antwi-Boasiako said this will minimise any damage to the financial sector. According to the 2019 Bank of […]
Brand Remarks by the Managing Director of CalBank PLC, Mr. Philip Owiredu on Impact of COVID-19 on Ghana’s Digitalization Agenda The Deputy Minister of Communication, Hon. George Andah, National Cyber Security Advisor, Mr. Albert Antwi-Boasiako invited guests, ladies and gentlemen, all protocol observed. Thank you for inviting CalBank to share our thoughts at the 2020 […]
Ghana Stock Exchange (GSE) The Ghana Stock Exchange (GSE) has gone through a lot of barren periods in recent years. Between 2015 to 2019, the only year it returned a positive was in 2017 when the market gained 52.73%. The rest of the years has been negative. -11.77% in 2015, -15.33 in 2016, -0.29 in […]
Frank Adu Jnr, former CAL Bank Managing Director Have you ever wondered how an individual with no banking blood in his veins could transform a fledgling bank in ten years? Frank Brako Adu Jnr, a native of old Tafo seems to have an innate instinct for what works – and what does not – at […]
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