Tag Archives: banks

  By:brightwebtv.com /Martin awuku   The debate on the approval of the GHc2 billion was concluded last Wednesday but the approval was deferred because of a lack of a quorum.       Parliament Thursday approved the issuance of a Sovereign Guarantee of up to GH₵2 billion in favour of …

    By:brightwebtv.com/Martin awuku The Concerned Voters Movement (CVM) respectfully would like to appeal to the Bank of Ghana to close down the respective Branches of Multi Credit Savings & Loans Limited and Yaa Asantewaa Rural Bank Limited at Race Course Area at Bantama, Kumasi in the Ashanti Region in …

  By:brightwebtv.com/Martin awuku Zimbabwe’s central bank began trading a sharply discounted replacement currency on Friday, attempting to ease a cash crunch that has hobbled the economy and plunged millions deep into poverty.   Zimbabwe adopted the dollar in 2009 but, as a chronic hard currency shortage worsened, introduced a parallel …

Some stakeholders in the banking sector are expecting the Bank of Ghana to announce the list of banks that have met the minimum capital requirement to end speculations in the sector. At the last press conference for 2018 to announce the policy rate, the governor of the Bank of Ghana, …

The government has justified its decision to back financial support arrangements that would raise the minimum capital requirement levels of seven local banks. Last year, the Bank of Ghana raised the minimum capital requirement of commercial banks from GH¢120 million to GH¢400 million and set a December 31, 2018 deadline. …