Banking and Finance
New rules to protect dormant deposits
The Bank of Ghana last week unveiled new regulations that address the sometimes controversial issue of inactive deposit accounts. Up...
Receiver for collapsed 347 MFIs turns to property auctions this week
Properties belonging to the collapsed 347 Microfinance Companies (“MFIs”) and the 23 Savings & Loans and Finance House Companies will...
Ecobank Group’s Josephine Anan-Ankomah talks about importance of banking for women
Lending to women and women-led businesses has always made sense. Data from lenders in developing countries across the world has...
BoG issues unclaimed balances & dormant accounts directive
The Bank of Ghana has issued Unclaimed Balances & Dormant Accounts directive for banks and specialized deposit-taking institutions that will...
BoG unveils regulatory framework for crowd-funding
…co-regulator, SEC prepares to do same shortly One of the newest forms of financing small enterprises and projects – one...
Banks reject voters, national identification card for transactions
Information gathered by THE MEDIA indicates many banks are rejecting the new voters and national identification card as form of...
BoG Unveils Sandbox Pilot
The Bank of Ghana (BoG) has launched a regulatory and innovation sandbox pilot. According to the Bank in a release,...
GCB Tops All In Media Visibility
GCB BANK Limited is the most corporate media-visible bank in Ghana, according to a 2020 survey on the banking sector....
Banks told to be forward Risk Managers
THE BANK of Ghana says it expects the banking industry to be proactive in assessing and managing risks in line...
Build Robust Cyber Security Systems- Governor Tells Banks
ERNEST ADDISON, Governor of the Bank of Ghana (BoG), has called on banks to build robust systems that will forestall...
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