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
The Bank of Ghana is set to increase the minimum capital of banks from GH¢120 million to GH¢200 by July this year, following extensive engagements with stakeholders in the financial sector.
This is to inject more capital into the banks … Read the rest
The Bank of Ghana (BoG) has reduced its policy interest rate from 23.5 per cent to 22.5 per cent in response to the lowering of general price levels of goods and services across the country.
The BoG has set a … Read the rest