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Banking, Finance and Investment

Gh¢3bn taxpayers money lost to financial irregularities

Gh¢3bn taxpayers money lost to financial irregularities

At least Gh¢3,311,963,314 of tax payers’ money have been lost in the public sector due to financial irregularities. The irregularities…
Stop Foreigners from Doing Retail Business – GUTA

Stop Foreigners from Doing Retail Business – GUTA

The Ashanti regional branch of Ghana Union of Traders’ Association has called on the necessary authorities to enforce the GIPC…
Rural Banks urged to reduce operational losses

Rural Banks urged to reduce operational losses

Rural and Community Banks (RCBs) have been urged to take deliberate steps to create the right control environment to minimize…
Lack of Loan Recovery cause of UT and Capital Banks Fold up

Lack of Loan Recovery cause of UT and Capital Banks Fold up

It has emerged that unpaid loans by international companies are the cause of the callapse of the UT Bank and…
Government to make NIB industrial bank

Government to make NIB industrial bank

The National Investment Bank (NIB) would be redirected to its original mandate of stimulating industrial development for faster national economic…
Danquah Institute Extols BoG over UT, Capital Bank takeover

Danquah Institute Extols BoG over UT, Capital Bank takeover

The Danquah Institute has commended the Bank of Ghana for the intervention that allowed GCB to takeover distressed UT and…
Akufo-Addo Applauds BoG’s Contributions To National Development

Akufo-Addo Applauds BoG’s Contributions To National Development

The President of the Republic, Nana Addo Dankwa Akufo-Addo, has commended the Bank of Ghana for playing a pivotal role…
Ensure fair treatment of UT, Capital Bank stakeholders – Psychologists

Ensure fair treatment of UT, Capital Bank stakeholders – Psychologists

The Ghana Psychological Association (GPA) has expressed concerns over the revocation of banking licenses of UT/Capital Banks by the Bank…
UT bank Takeover will not affect pension funds – NPRA

UT bank Takeover will not affect pension funds – NPRA

The National Pensions Regulatory Authority (NPRA) has assured trustees who appointed UT Bank as their Custodian that their Pension Funds…
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