The Board of Directors of ADB Bank have agreed to use a renounceable rights issue to raise GH¢310 million in fresh capital to be able to meet the Bank of Ghana’s new minimum capital of GH¢400 million, Graphic Online has … Read the rest
The Bank of Ghana (BoG) has cut its policy rate by 150 basis points from 22.5 per cent to 21 per cent due to the downward trend in consumer inflation.
Before Monday’s cut, the central bank had cut the rate … Read the rest
GCB Bank Limited has begun overtures to takeover state-owned lender, the National Investment Bank (NIB), in what could create the biggest bank in the country in asset terms.
A successful consummation of the deal could potentially create an enlarged GCB … Read the rest