Ghana
Ghana: Moody’s downgrades GCB Bank to Caa3 from Caa2
International ratings agency, Moody’s has downgraded GCB Bank PLC’s (GCB Bank) global long-term local currency deposit ratings to Caa3 from Caa2. Moody’s investors ...
Ghana
Ghana: Mad Rush By Subscribers to Avoid SIM Card Deactivation
Hundreds of subscribers of mobile network operators (MNOs) over the weekend thronged registration centres to avoid having their Subscriber Identification Module (SIM) cards ...
Ghana
Ghana: BoG commends UBA as it opens new business office in Ashiaman
The head of Banking supervision of the Bank of Ghana Osei Gyasi has commended UBA for its contribution to shaping the banking sector ...
Ghana
Ghana: Afriwave Telecom receives an award at 4th National Communications Awards 2022
Ghana’s telecoms industry interconnect clearinghouse (ICH), Afriwave Telecom emerged the Telecom Support Company of the Year at the 4th National Communications Awards 2022. ...
Ghana
Ghana: Ghana to swap Cedi debt for new bonds in restructuring
Ghana is asking local bondholders to accept losses on interest payments as it restructures its debt to qualify for a loan from the ...
Ghana
Ghana: Banking Industry Remains Strong, Profitable Despite Macroeconomic Challenges – Dr Addison
The banking industry remains strong and profitable in spite of the difficult macroeconomic environment, the Governor of the Bank of Ghana (BoG), Dr ...
Ghana
Ghana: Court of appeal upholds BOG’s appointment of Nii Amanor Dodoo as receiver for Unibank
The Court of Appeal has, on December 1, 2022, held that the High Court was wrong in deciding that Bank of Ghana’s decision ...
Ghana
Ghana: ADB Plc appoints Alhassan Yakubu-Tali as Managing Director
The Agricultural Development Bank (ADB) has appointed Alhassan Yakubu-Tali as new Managing Director, effective December 1, 2022. His appointment follows a successful approval ...
Ghana
Ghana: BoG will ensure banks remain solvent – Dr Addison
Dr. Ernest Addison, the governor of the Bank of Ghana (BoG), has expressed worry about the solvency of some Ghanaian banks. According to him, the Central ...
Ghana
Ghana: Banks record 17% growth in profit to ¢4.4bn in October 2022
The banking sector recorded a profit-after-tax of ¢4.4 billion for the first ten months of 2022. This represents an increase of 17.2%, compared ...
