The President Nana Addo Dankwa Akufo-Addo, has revealed that the rationalisation of the banking sector, undertaken by his Government, has ensured that deposits of one million, one hundred and forty-seven thousand, three hundred and sixty-six (1,147,366) Ghanaians were saved. Speaking at the inauguration ceremony of the new Standard Chartered Head Office on Wednesday, 3rd October, […]
Several days after releasing a payment schedule to ensure customers access their dividends, gold trading firm, Menzgold is yet to fulfill the promise. Scores of customer yesterday October 2 and today October 3 2018 have besieged the company’s premises across the country in anticipation of receiving their monies. BestNewsGH.com’s visit to the company’s office in […]
New patriotic Party (NPP) Member of Parliament for Assin Central Constituency in the Central Region, Kennedy Ohene Agyapong is appealing to the generality of the Ghanaian people to have trust and confidence in the banking sector by depositing their monies there. According to him, the recent banking crisis has scared many people who have now […]
Politician cum Businessman, Kennedy Ohene Agyapong wants president Nana Addo Dankwa Akufo-Addo to expatiate further on his admission that the country is currently faced with some challenges. The New Patriotic Party (NPP) Member of Parliament Assin Central Constituency in the Central Region says the president has been candid with the Ghanaian people on the challenges […]
The Bank of Ghana (BoG) cannot absolve itself from the recent ‘catastrophe’ that has rocked the banking industry, leading to the collapse of a number of financial institutions, the Asantehene, Otumfuo Osei Tutu II, has stated. He said either deliberately or as a result of its weak supervision, the regulator could not have been ignorant of […]
Chief Executive Officer of the Ghana Cylinder Manufacturing Company (GCMC), Frances Essiam is impressing upon the Bank of Ghana to extend the same measures it used in dealing with the banking sector crisis, to the forex system in the country. According to her, there is need for an absolute and deliberate effort to sanitize the […]
Former Member of Parliament for Ablekuma Central Constituency, Theophilus Tetteh Chaie has taken a dig at government and the Bank of Ghana for lying to employees of the collapsed banks and the generality of the Ghanaian people that there were not going to be job losses with the takeover of the banks. According to him, […]
Managing Editor of the Insight Newspaper, Kwesi Pratt has blamed the recent banking sector crisis that led to the collapse of some seven indigenous banks to clueless and inexperienced board members who were appointed to run the banks. According to him, the Bank of Ghana must also share in the blame for supervising the constitution […]
