GN Bank GN Bank (GN) was unable to comply with the minimum capital directive by 31st December 2018, the Bank of Ghana (BoG) has disclosed. Consequently, GN Bank applied for

Bank Of Baroda  The Bank of Ghana (BoG) says it has approved a request for voluntary winding up of the operations of Bank of Baroda Ghana Limited effective December 31,

It appears the ex-board of the Heritage Bank Limited wants to attract public sympathy due to the revocation of the bank’s licence by the Bank of Ghana (BoG). The ex-board,

 John Awuah, MD, UMB Universal Merchant Bank (UMB) says it has received funding to meet the new Bank of Ghana (BoG) minimum capital requirement of GH¢400,000,000. In a release issued

Elsie Awadzi Ex-staff of some banks whose licenses were withdrawn by the Bank of Ghana will be paid “purely on humanitarian grounds,” the regulator has said. Elsie Awadzi, deputy Governor of the Bank of Ghana,

Ben Hassan Ouattara Vivo Energy Ghana has appointed Ben Hassan Ouattara as Managing Director, effective 1st January, 2019. Mr. Ouattara takes over from Ebenezer Faulkner, whose term of office ended

Omnibank, Sahel Sahara Bank Merger The Bank of Ghana (BoG) has approved the merger between Omnibank and Sahel Sahara Bank (BSIC). The consent was contained in a letter to the

Kwesi Tumi, immediate past MD of Premium Bank The Central Bank says Premium Bank was insolvent as of 30th November 2018 with a capital adequacy ratio of negative 125.26 percent.

Dr. Ernest Addison The Bank of Ghana (BoG) has described the source of funding of Heritage Bank, one of the failed banks, as dubious. Last Friday, the BoG announced the

Dr. Ernest Addison, Governor BoG Twenty-three commercial banks have met the GH¢400 million minimum capital requirement to escape the big axe of the Bank of Ghana (BoG) which has been

The Energy Ministry says even though the previous Mahama administration signed a contract with ENI to flow 180 mmscfd of gas in 2015, it did not plan the utilization of

Hon Joe Ghartey, Railways Development Minister Minister of Railways Development, Joe Ghartey, has challenged players in Ghana’s insurance industry to support government to raise $1 billion locally for the development