BoG asks for GHc700m to clean up microfinance industry

The Bank of Ghana (BoG) has requested for financial support from the Ministry of Finance to clean up the microfinance and savings and loans...

GN Savings and Ecobank Ghana sign partnership agreement

Ecobank Ghana and GN Savings have signed a partnership agreement which will see the two institutions work together in areas that will be mutually...

SEC is the reason we are in this situation – Gold...

Aggrieved customers of the Gold Coast Management and GN Savings and Loan (Formerly GN Bank) have expressed disappointment in the Securities and Exchange Commissions...

No job loss after OmniBank, Sahel complete merger

OmniBank and Sahel Sahara Bank (BSIC) have assured of no job loss following a successful merger between the two banks. The merger was necessitated by...

My ex-staff now hawks tiger nuts; it breaks my heart –...

A former employee of Mr Kofi Amoabeng’s, president of UT Group of companies, now hawks tiger nuts to make ends meet following the collapse...

Togbe Afede resigns as NIB board chair

The Board Chairman of the National Investment Bank (NIB) has resigned, Starr Business has gathered. Togbe Afede’s resignation was as a result of internal wrangling...

GN Savings and Loans in talks with another bank to improve...

GN Savings and Loans, previously GN Bank, says it is finalizing talks with another bank to possibly help it meet its financial obligations. The...

Beige Bank boss nabbed for allegedly selling bank’s properties

Daily Guide Newspaper is reporting that the Chief Executive Officer (CEO) of the defunct Beige Bank, one of the five financial institutions that were...

80% of DKM depositors paid GHC502m – Finance Minister

The Minister of Finance, Ken Ofori-Atta has disclosed that the deposits of 80% of the customers of the liquidated deposit-taking institution, DKM Diamond Microfinance...

Collapse of seven cost government GH¢9.9bn – Ofori Atta

The Finance Minister, Ken Ofori Atta, has revealed that the collapse of seven banks – unibank, Beige Bank, Sovereign Bank, Construction Bank, Royal Bank,...

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We must unify religions – UG lecturer

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