Relocation of the Validation Teams of the Receiver: The Receiver of the 347 Microfinance Companies and the 23 Savings & Loans and Finance Houses Companies whose licences were revoked by the Bank of Ghana on 31 May 2019 and 16 August 2019 respectively
Governor of the Bank of Ghana, Dr. Ernest Addison
The Governor of the Bank of Ghana, Dr Ernest Addison has refuted suggestions that the collapse of both UT Bank and Capital Bank was a deliberate witch-hunt by the BoG.
The founder of UT Group, Prince Kofi Amoabeng has been put before an Accra circuit court for his role in the collapse of his Bank in 2017. He is facing charges of stealing and money laundering.
The founder of UT Group, Prince Kofi Amoabeng has been put before an Accra circuit court for his role in the collapse of his Bank in 2017. He is facing charges of stealing and money laundering.
The founder of UT Group, Prince Kofi Amoabeng has been put before an Accra circuit court for his role in the collapse of his Bank in 2017. He is facing charges of stealing and money laundering.
Over 400 customers of the defunct GN Bank (GN Savings and Loans) have so far received their locked up funds at the Sefwi- Asawinso branch of the Consolidated Bank Ghana (CBG).
Welcome, Ladies and Gentlemen of the Media to the 91st and last MPC press briefing for the year.
The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has revealed that the banking sector of the Ghanaian economy is now profitable after the central bank carried out the cleanup exercise. He said the banks that are operating now are conforming to best practices. “The banking is now profitable liquid and solvent owing […]
The first Deputy Governor of Bank of Ghana, Dr. Maxwell Opoku-Afari has assured the public that the Ministry of Finance, Bank of Ghana and the Receiver have reached an understanding to find a way to unlock funds belonging to Rural Community Banks (RCB) deposited with MFIs. According to him, discussions on modalities are ongoing and once finalized, it would be announced very soon.