Ghana
Nigeria: UBA Books N17.2bn Loss from Ghana’s Debt Restructuring
United Bank for Africa (UBA), a tier-one Nigerian lender has booked a N17.280 billion impairment loss attributable to the Group’s exposure to its ...
Ghana
Ghana: BoG denies introduction of ¢500 coin, note
The Bank of Ghana (BoG) has debunked reports of issuing ¢500 coin, insisting it has no immediate plans of issuing higher denomination for ...
Ghana
Ghana: Desist from gifting out cedi bouquets, hampers; it is illegal – BoG warns
The Bank of Ghana (BoG) has cautioned against the use of the currency, especially the cedi notes in making bouquets and hampers. This, ...
Ghana
Ghana: Standard Chartered Bank appoints Albert Larweh Asante as new Executive Director
Standard Chartered Bank PLC has appointed Albert Larweh Asante as an Executive Director. His appointment took effect from March 21, 2023. Mr Larweh ...
Ghana
Ghana: Vice President Harris Launches Global Initiatives on the Economic Empowerment of Women, Totaling over $1 Billion
Promoting gender equity and equality is a cornerstone of U.S. foreign policy in Africa and around the world. Advancing the economic status of ...
Ghana
Ghana: Banks record significant losses due to DDEP – BoG
A preliminary assessment of the impact of the Domestic Debt Exchange Programme (DDEP) on the banking sector indicates significant losses on account of ...
Ghana
Ghana: DBG to introduce guarantee product this year – Deputy CEO reveals
The Deputy Chief Executive of the Development Bank of Ghana (DBG), Michael Mensah-Baah says procedures are underway to roll out a new guarantee ...
Ghana
Ghana: Average lending rates shoot up marginally to 36.64% – BoG
Average lending rates shot up marginally to 36.64% in February 2023, from 35.58% recorded in December 2022, data from the Bank of Ghana ...
Ghana
Ghana: Economic activity contracts but consumer confidence improves – BoG
The January 2023 update of the Bank of Ghana’s Composite Index of Economic Activity (CIEA) indicates a contraction in economic activity by 7.6% ...
Ghana
Ghana: Bank of Ghana hikes monetary policy rate to 29.5%
The Monetary Policy Committee of the Bank of Ghana has announced a hike in the policy rate by 150 basis points to 29.5 ...
