The Chairman of the Board of Directors of the Kwaebibirem Rural Bank, at Akyem Asuom in the Eastern Region, Mr Carlos Kingsley Ahenkorah, has stated that the bank has positioned itself strategically for the future in view of the challenges the banking industry has faced in recent times.
A central database to register all merchants of telecom companies in the country is being developed as part of measures to sanitise the industry and check fraud. It is expected to be rolled out by the first quarter of next year.
The Chief Executive Officer of the Women's World Banking Ghana (WWBG), Ms Charlotte Baidoo has said the company made significant progress this year despite the challenges that faced the financial sector in the country.
Shareholders of the Agricultural Development Bank (ADB) have authorised the board of directors to raise a total of GHȻ383 million in fresh and existing capital to enable the bank to meet the Bank of Ghana's (BoG) minimum capital requirement of GHȻ400 million, which expires in 11 days.
President Akufo-Addo has revealed that a Special Investigations Team has been put in place to undertake criminal investigations into the failures of all seven banks for possible prosecutions by the relevant State agencies.
The Volta River Authority (VRA) and its Chief Executive Officer, Mr Emmanuel Antwi-Darkwa, have been honoured at the just ended 2018 Ghana Energy Awards held under the theme "Sustainable Energy For A Ghana Beyond Aid".
The Acting Vice President of the Millennium Challenge Corporation (MCC), Ms Kyeh Kim, has announced that Ghana has been selected as one of the countries in West Africa to be beneficiaries of another Compact programme from the MCC.
With barely a couple of weeks to go, Societe Generale (SG) Ghana has finally joined the group of banks which have met the new minimum capital requirement of GH₵400 million before the December 31, 2018 deadline.
A Deputy Minister of Trade and Industry, Mr Carlos Ahenkorah, has asked local manufacturers across the country to pay attention to the packaging of their products to ensure their visibility on the market.
The high interest rate on credit in the country is a major hindrance to private sector investment in agriculture, the Chief Executive Officer (CEO) of the Ghana Chamber of Agribusiness, Mr Anthony Morrison, has said.
CAL Bank’s board of directors will meet shareholders on December 17 at an extraordinary general meeting (EMG) in Accra to obtain an approval to transfer GH¢50 million from its income surplus account to stated capital.