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Banking and Finance
Businessman and President of Groupe Nduom, Dr Papa Kwesi Nduom, has declared a renewed era of optimism and determination following a landmark Court of Appeal ruling that overturned the revocation…
May 29, 2026
· 5 min read
Banking and Finance
Universal Merchant Bank (UMB) has secured a series of high-profile recognitions that underscore the Bank’s disciplined execution, bold innovation agenda, and unwavering commitment to responsible growth. Under the leadership of…
May 29, 2026
· 4 min read
Banking and Finance
Businessman and President of Groupe Nduom, Papa Kwesi Nduom, has reiterated the group’s determination to resume operations after the Court of Appeal ordered the restoration of the licence of GN…
May 29, 2026
· 3 min read
Banking and Finance
The Bank of Ghana (BoG) is urging real estate brokers and property investors to prioritise transparency and due diligence in property transactions to help reduce fraud and strengthen confidence in…
May 28, 2026
· 3 min read
Banking and Finance
The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has called for bold leadership, coordinated policy reforms, and stronger institutional resilience to transform Ghana’s economic recovery into long-term…
May 28, 2026
· 4 min read
Banking and Finance
According to an application filed at the Supreme Court and seen by JOYBUSINESS, the Bank of Ghana is asking the highest court of the land to set aside the Court…
May 26, 2026
· 3 min read
Banking and Finance
The Bank of Ghana is likely to mop over GH¢16.0 billion into unremunerated Cash Reserve Ratio (CRR) while simultaneously releasing US$1.4 billion from the Cash Reserve Ratio. According to IC…
May 26, 2026
· 2 min read
Banking and Finance
The Bank of Cyprus Public Company Limited has decided to exercise its legal right for the early redemption of its outstanding senior preferred notes totalling €300 million. The parent entity,…
May 26, 2026
· 2 min read
Banking and Finance
The Bank of Ghana has directed Mobile Money Fintech Limited to pause the implementation of its 0.75% fee on direct wallet-to-bank transfers.
May 26, 2026
· 2 min read
Banking and Finance
Absa Bank Ghana has hosted another edition of its Risk Management Seminars, bringing together Business and commercial banking clients for practical discussions on navigating economic volatility and managing market risks.
May 26, 2026
· 2 min read
Banking and Finance
The Central Bank of Cyprus (CBC) hosted a high-level joint visit from top European financial regulators on May 22, 2026, to reinforce the island’s active involvement in continental banking mechanisms.…
May 25, 2026
· 1 min read
Banking and Finance
The assurance is coming at a time the local currency has recorded some sustained depreciation, with new data from the Central Bank showing that the cedi has depreciated by more…
May 25, 2026
· 2 min read
Banking and Finance
As fraudulent activities become increasingly sophisticated and threaten confidence in Ghana’s financial system, the Ghana Association of Banks (GAB) has launched a nationwide anti-fraud campaign aimed at protecting customers and…
May 25, 2026
· 3 min read
Banking and Finance
Geopolitical challenges and sectoral transformation mean that adaptability will determine the leading players in the new era of banking, according to Eurobank. This was the key message highlighted by the…
May 25, 2026
· 3 min read
Banking and Finance
The Bank of Ghana (BoG) is awaiting legal advice from its external lawyers and the Receiver of the defunct financial institution before deciding on its next course of action.
May 25, 2026
· 3 min read
Banking and Finance
The International Monetary Fund (IMF) has cautioned that specialised deposit-taking institutions (SDIs) could emerge as a new source of vulnerability in Ghana’s financial system if regulatory and supervisory gaps are…
May 25, 2026
· 2 min read
Banking and Finance
Banks in Greece and Cyprus are accelerating lending activity, with credit expansion expected to approach or exceed €15 billion this year, supporting both profitability and economic growth. The figures, shared…
May 25, 2026
· 4 min read
Banking and Finance
IMF Mission Chief, Dr Ruben Atoyan, expressed confidence that only a few banks remain to be fully stabilised as financial sector reforms near conclusion.
May 25, 2026
· 2 min read
Banking and Finance
Ghana’s banking sector is close to full recovery following years of stress triggered by the domestic debt restructuring programme, the International Monetary Fund (IMF) has said.
May 25, 2026
· 2 min read
Banking and Finance
The International Monetary Fund (IMF) has defended the Bank of Ghana (BoG)’s massive financial losses, stating that its aggressive policy actions were necessary to stabilise the economy during Ghana’s crisis…
May 25, 2026
· 2 min read
Banking and Finance
IMF Mission Chief Ruben Atoyan has stated that the costs were necessary to stabilise Ghana’s economy after years of severe macroeconomic distress.
May 25, 2026
· 3 min read
Banking and Finance
IMF Mission Chief Ruben Atoyan insists the central bank acted prudently despite the operational losses recorded in its 2025 financial statements.
May 25, 2026
· 3 min read
Banking and Finance
Alpha Bank reported its first quarter 2026 results last week, showing solid operational performance but weaker headline profitability due to one-off costs and a softer capital position, according to analyses…
May 25, 2026
· 5 min read
Banking and Finance
The International Monetary Fund (IMF) has defended the Bank of Ghana’s aggressive monetary tightening measures despite the central bank recording a staggering GH¢15.6 billion loss in 2025.
May 25, 2026
· 3 min read
Banking and Finance
However, it pointed out that the continued fiscal discipline, relative exchange rate stability, and lower Value Added Tax (VAT) rate will cap inflation below 10.0% by the end of 2026,…
May 24, 2026
· 3 min read
Banking and Finance
Ghana's cedi, which has suffered a steady decline in recent weeks, has now become the worst-performing currency in sub-Saharan Africa and one of the worst performers on the continent. According…
May 24, 2026
· 3 min read
Banking and Finance
Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama, has assured the public and investors that the significant operating and Other Comprehensive Income (OCI) losses incurred in 2025…
May 24, 2026
· 3 min read
Banking and Finance
Revolut chief executive Nik Storonsky recently outlined an ambitious strategy to expand Revolut Business, aiming to position the company as the largest bank in the world. The internal communication to…
May 24, 2026
· 3 min read
Banking and Finance
The historic town of Elmina is set to host the very first operational branch of GN Savings and Loans as it prepares to reopen its doors to the public.
May 24, 2026
· 3 min read
Banking and Finance
The Governor of the Bank of Ghana (BoG), Dr. Johnson Pandit Asiama, has called for integrated payment and settlement systems across Africa to support trade, deepen financial inclusion and accelerate…
May 24, 2026
· 3 min read
Banking and Finance
President of Groupe Ndoum, Dr Nana Kweku Ndoum, has acknowledged that rebuilding GN Savings and Loans will be a complex process, citing the disposal and destruction of some of the…
May 23, 2026
· 2 min read
Banking and Finance
President of Groupe Ndoum, Dr Kweku Ndoum, has alleged that deliberate falsehoods about the financial health of GN Bank contributed significantly to the institution's eventual collapse in 2019.
May 23, 2026
· 2 min read
Banking and Finance
President of Groupe Ndoum, Dr Nana Kweku Ndoum, has revealed that more than 4,500 direct and indirect jobs were lost following the collapse of GN Bank in 2019.
May 23, 2026
· 2 min read
