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11.
Meet the Managing Directors of the 5 collapsed banks
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(Business)
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The Bank of Ghana (BoG) on Wednesday, August 1, 2018, collapsed five banks and merged them into what the BoG called 'Consolidated Bank Ghana Limited.
Concerns have been raised about the management of ...
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Created on 02 August 2018
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12.
GH¢400m capital requirement: Comply or merge – Council of State to banks
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(Business)
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The Council of State has urged banks that cannot meet Bank of Ghana’s new minimum capital requirement to consider merging.
In a meeting with the Bank over a petition submitted to President Akufo-Addo ...
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Created on 13 April 2018
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13.
Government confirms NIB and ADB merger
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(Business)
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The government via the Finance Ministry has confirmed that it will be merging ADB and NIB banks.
The confirmation follows an earlier hint that both banks were to be merged to become the proposed National ...
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Created on 23 November 2017
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14.
Banks to recapitalise to GHS400 million - BOG
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(Business)
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The Bank of Ghana will from Monday, September 11 give banks in the country three months to recapitalise to GH¢400 million, equivalent to about US$100 million.
The recapitalisation directive by the ...
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Created on 09 September 2017
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15.
UT/Capital banks collapse: Are the directors liable?
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(Opinion)
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Without warning, the country has been thrown into deep discussions about the collapse of UT Bank and Capital Bank. We are told that quite a few other banks may join the wagon.
UT Bank was listed on ...
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Created on 18 August 2017
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16.
Boosting Confidence in Ghana’s Banks
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(Business)
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Perhaps the most significant aspect of any modern economy is, the banking industry: a nation would fall into recession when banks are either unwilling to issue loans, or are themselves unable to pay up ...
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Created on 04 June 2017
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17.
Change of ownership of companies and the effect on existing liabilities
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(Features)
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... liabilities.
A creditor of a company is a person who is owed money or debt by the company. Examples of creditors include banks and financial institutions, individuals such as landlords, suppliers, and ...
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Created on 09 May 2024
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18.
We're not exiting Ghana — Société Générale dimisses report
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(Business)
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...
Fitch Ratings earlier projected that the exit of French bank, Societe Generale (SG) from Africa, will give pan-African banks significant space to grow, either organically or through mergers and acquisitions. ...
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Created on 08 May 2024
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19.
The billionaire facing death over $44bn bank fraud
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(World)
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... Minh City, a 67-year-old property developer stands accused of looting one of Vietnam's largest banks over a period of 11 years.
The numbers involved are dizzying. Truong My Lan is charged with taking ...
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Created on 11 April 2024
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20.
OmniBSIC Bank’s third quarter profit surpasses GH¢150m
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(Business)
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...
Mr Asiedu said the bank’s cash and balances with other banks also grew by 18.9 per cent to GH¢646.87 million, and it enjoyed double growth rates in almost all income lines.
He said the interest income ...
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Created on 23 October 2023
