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Court blocks government’s move to retrieve funds from Unibank

A high court in Accra has saved uniBank by the bell, preventing the government temporarily from clawing back monies which it believes belong to...

Receiver sues ex-Beige Bank CEO, subsidiaries; demands GHc1.3bn refund

The Chief Executive Officer of defunct Beige Bank, Michael Nyinaku together with 12 of his subsidiary companies are expected to cough up over GHc1.3...

BoG to announce new minimum capital requirement for Mobile Money

The Bank of Ghana (BoG) will soon announce a new capital requirement for all institutions engaged in mobile money operation. BoG said existing firms that...

Banking crisis: We are out of the woods –Stanbic’s Alhassan Andani

The President of the Association of Bankers has assuaged the fears of the banking community that the crisis which led to the collapse of...

We’re engaging BoG on forex issue – Barclays Bank assures prestige...

Barclays Bank Ghana has assured its prestige customers that it is working with the Bank of Ghana (BoG) on its forex-relate issues and will...

uniBank shareholders move to stop receiver from selling assets

The shareholders of uniBank have filed a suit to prevent the management of CBG from selling off the assets of the bank.According to the...

License revocation: Receiver to finish assessment of companies in 10 days

Appointed Receiver for the financial institutions whose licences were recently revoked last week estimates he will finish his assessment in 10 days. The central bank on...

BoG to begin circulation of upgraded cedi notes today

The Bank of Ghana (BoG) will today begin the circulation of its enhanced GHc10, GHc20 and GHc50 notes. According to the Bank of Ghana, both...

Economy at the mercy of foreign investors, importers – BoG Governor

Bank of Ghana Governor Dr. Ernest Addison has expressed worry that the economy remains at the mercy of foreign investors and importers, whose actions...

Banking Consultant calls for stricter banking reforms to avert future crisis

A Banking Consultant has called for stricter banking reforms to avert future crisis. Dr Richmond Atuahene says Ghana’s banking crisis is yet about starting, contrary...