Banking and Finance
More banks in Ghana are well capitalized – Governor Addison assures
Despite the elevated credit risks, Dr. Ernest Addison, the governor of the Bank of Ghana (BoG), has stated that, overall,...
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Interest rate on MoMo loans to go up
Amid rising interest rates on the money market, Chief Executive Officer of Letshego Ghana, Arnold Parker, has revealed that interest...
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Cedi to fall by 20% over next 12 months – RMB Markets
The cedi’s woes are set to worsen if current conditions persist, as it is likely to depreciate by more than...
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BoG Report names UMB, FNB, UBA as banks with lowest lending rates to SMEs
Universal Merchant Bank (UMB) has been named among other universal banks with the lowest interest rate on loans offered to...
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absa determined to lead with sustainable Banking in Africa
Absa Group is one of Africa’s largest diversified financial services groups with a presence in 14 countries. In 2019, it...
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Togbe Afede XIV comments on MPR, others, erroneous and misleading – BoG
The Bank of Ghana (BoG) has responded to claims made by former President of the Volta Regional House of Chief,...
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UBA awarded best prepaid card bank by Global Technology Partners
United Bank for Africa (Ghana) has been awarded the number one in prepaid cards in Ghana by technology partners, Global...
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EBID grants $50 million loan to CBG to support roads sector
The ECOWAS Bank for Investment and Development (EBID), has granted a $50 million loan facility to the Consolidated Bank Ghana...
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PRESIDENT AKUFO-ADDO SECURES €170 MILLION FOR DEVELOPMENT BANK, GHANA.
The Ministry of Finance and the European Investment Bank have signed an agreement for the provision of a one hundred-...
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Cedi to hit ¢6.45 against dollar by end of year – Report
The Ghana cedi will hit ¢6.45 by the end of this year, according to projection by economic and finance think...
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