On Monday, September 11, the Bank of Ghana will formally direct banks in the country to recapitalise to GH¢400 million, equivalent to about US$100 million. The central bank will give the banks until December 2018 to raise the amount, which...
Ecobank Ghana has disengaged  181 outsourced staff as it continues to expand on its digital agenda which seeks to place banking in the hands of its clients. With effect from yesterday, 4th September, 2017, the staffs, including front and back office...
The staff of the erstwhile UT and Capital Banks will undergo skills assessment requirements in order to be employed at GCB bank. At a press conference on Tuesday (August 15, 2017) the Chief Executive Officer (CEO) of GCB, Raymond Sowah...
The Bank of Ghana has announced that three more Banks have been licensed to begin operations in the country soon. The banks will take the number of licensed banks in the country to 34 after two banks – UT Bank...
The family of businessman, Alhaji Asomah Banda has denied media reports he is dead. News has been rife on social media platforms that the Business mogul, entrepreneur and philanthropist whos is the chairman of Antrak Group of Companies died in...
News of Bank of Ghana revoking the licences of UT Bank and Capital Bank came in as a surprise to many this morning including the staff of the now acquired UT & Capital Banks. In a move to allay the...
Unconfirmed reports reaching #ThinkGhana indicates that Entrepreneur and Business mogul Alhaji Asuma Banda has passed on. This sad incident is said to have occurred this morning at his residence in Accra. ADVERTISEMENT   Alhaji Banda as he was affectionately called was the founder...
Customers besieged Capital Bank and UT Bank when news trickled in this morning of their takeover by GCB.   Deputy Finance minister has urged the Bank of Ghana to keep a close eye on distressed banks following the collapse of two...
The governor of the Bank of Ghana Dr Ernest Addison has held a press conference to explain the motives behind the withdrawal of the licences of UT Bank & Capital Bank and their subsequent takeover by GCB. In the presser...
Two privately owned banks UT Bank & Capital Bank have had their licences withdrawn by the Bank of Ghana (BoG) in a takeover bid from the biggest bank in Ghana; Ghana Commercial Bank. The news of the takeover came as...

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