Menzgold customers in trouble

Menzgold Ghana Limited’s payment of extra values on its customers gold deposits appears to be in limbo. This is as a result of the confusion...

Heritage, Premium, GN banks to merge

Three local banks, Heritage Bank, GN Bank and Premuim Bank are in merger talks ahead of the 31 December 2018 deadline given by the...

Failed banks were a ‘silent canker’ — Deputy BoG Governor

Revoking the licences of the insolvent banks was a necessary evil, since they had become a “silent canker” which could have brought down the...

Panic withdrawals could collapse economy – Paa Kwesi Nduom

In the wake of the crisis in the financial services industry and banking sector, a leading Ghanaian entrepreneur, Dr Papa Kwesu Nduom, has said...

Keep calm; your investments are safe – Menzgold to customers

Gold trading firm Menzgold has urged its customers to keep calm despite the directive from the Securities and Exchange Commission (SEC) to stop their...

MenzGold refers ‘shutdown order’ to lawyers, but offices still opened

Gold trading and investment firm, MenzGold Ghana Limited, says it has forwarded to its lawyers, a letter by the Securities and Exchange Commission (SEC)...

Internet banking fraud cases rise 44.6%

The number of internet fraud cases reported by commercial banks operating in Ghana to the Central Bank in 2017 increased to 1,418 from 1,001...

Consolidated Bank could close down 100 branches

About 100 branches of the new Consolidated Bank face closure, as the newly-formed bank seeks to streamline its operations and downsize to minimise cost...

CBG to lay off 1700 staff by September

Some 1700 employees of Consolidated Bank Ghana Limited will by the end of September 2018 lose their jobs. Out of the number, 700 were mobile...

Unibank directors sue BoG

Former Finance Minister under the erstwhile National Democratic Congress (NDC) administration, Dr Kwabena Duffuor, has sued the Bank of Ghana (BoG) for revoking the...

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