Banks in Ghana will probably report higher earnings in 2019 after the country’s regulator embarked on a cleanup of the industry and economic growth accelerates, according to Moody’s Investors Service. Ghana’s central bank is seeking to bolster lenders by revoking the licenses of poorly governed companies and implementing stricter guidelines on capital buffers. Banks have […]
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, […]
The Bank of Ghana has assured the public the fundamentals of the economy is sound and strong, despite recent depreciation of the Cedi. Speaking at “The Cedi Forum” to discuss the depreciation of the local currency, the head of Financial Markets and Treasury Stephen Opata pointed out that the Central Bank has a firm grip […]
But for the recent Banking crisis that has plaqued the country, Maverick politician and businessman Kennedy Ohene Agyapong would have established a Bank. The New Patriotic Party Member (NPP) of Parliament for Assin Central constituency in the Central Region said he was at the brink of establishing the bank when the crisis which has led […]
