The majority shareholder of the now-defunct Heritage Bank Limited (HBL), Mr Seidu Agongo, has said in a statement that the “not fit and proper” tag stamped on him by the...
On Monday, 14th January, 2019, the Trades Union Congress (TUC) is likely to hold a crunch meeting on government’s decision to support some banks that could not recapitalize according to...
Last week the statutory regulator of the banking sector, the Bank of Ghana closed down two additional universal banks and announced 23 banks as fit for operating in the country....
Information reaching Awake News has indicated that the Accra Circuit Court has issued an order for the immediate arrest of all directors of controversial gold dealership firm, Menzgold Ghana. The warrant...
As the Central Bank, together with allied state agencies of security and intelligence, chase sneaky Menzgold over scam banking deals involving billions, Free Press can reveal that it is not...
The Head of the Finance Department of the School of Business, University of Cape Coast, Prof John Gatsi, said the Bank of Ghana has not been fair to Heritage Bank,...
The head of the Finance Department of the University of Cape Coast is advising the central bank to rather focus on restoring liquidity in the banking sector. His comment is...
Since 2017, about seven bank has collapsed. The crisis has lead to unending panic withdrawals at some local bank with GN Bank being one of the most affected.
The Bank of Ghana has downgraded GN Bank to a savings and loans company. This was after the central bank finished what it describes as the banking resolution requiring each...
The Bank of Ghana will release a list of all banks that have successfully met its GHc400 million capital requirement as designated by the central bank earlier last year, according...