Banking and Finance
BoG averts US$478 million MoMo contract swindle by Sibton Switch
The judicial win by the Bank of Ghana over Sibton Switch Limited at the London International Court of Arbitration (LCIA)...
Survey of bank charges : most banks do not charge fees for ATM cash withdrawal
A survey of bank charges by the Bank of Ghana conducted in the first quarter of 2021 has revealed that...
BoG wins arbitration against Sibton Switch Systems
The Bank of Ghana has won an arbitration brought against it by Sibton Switch Systems Limited (“Sibton Switch”) in relation...
Absa Group Reports Increased Earnings on Broad-based Recovery; Resumes Dividend Payments
Revenue increased 3% to R41.2 billion Operating costs rose 5% to R22.6 billion Cost-to-income ratio increased to 54.9% from 53.9%...
Latest data suggests strong half year 2021 growth
New data released by the Bank of the Ghana a week ago suggests that Ghana’s ongoing economic rebound may have...
Banking sector continues to recover as pre-tax up 32.1% to ¢3.6bn in half-year
The banking sector continue to recover from the impact of covid-19 as banks pre-tax went up by 32.1% percent to...
Quickly check many unlicensed susu operators before trouble – BoG advised
The Ghana Co-operators Susu Collectors Association has urged the Bank of Ghana to quickly check the many unlicensed ‘susu’ operators...
GCB Bank presents GH¢14.15 million dividend to gov’t
The GCB Bank Ltd has presented a cheque for GH¢14.152 million to the government as final dividend, following a sterling...
BoG grants approval to 11 banks to pay dividend to shareholders
The Bank of Ghana has given approval to 11 out of 23 banks to pay dividend to shareholders in respect...
Fidelity Bank Introduces ‘Edwapa’ Account
Fidelity Bank has introduced the Fidelity Edwapa Account to provide customised financial services for self-employed individuals and sole proprietors. This...
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