Category: Banking and Finance

Understanding the Ghanaian Law on Garnishees (2)

Understanding the Ghanaian Law on Garnishees (2)

Frederick Gurah Sampson- August 26, 2020

By: Frederick Gurah Sampson (Legal Department, Zenith Bank Ghana Limited)  & Roselyne Kaledzi (A-Partners@Law) What happens when the Garnishee pays out the money to the ... Read More

Understanding the Ghanaian Law on Garnishees (1)

Understanding the Ghanaian Law on Garnishees (1)

Frederick Gurah Sampson- August 24, 2020

Authors: Frederick Gurah Sampson (Legal Department, Zenith Bank Ghana Limited)  & Roselyne Kaledzi (A-Partners@Law) Introduction Parties go to court or resort to any other dispute resolution ... Read More

Security Without Security – Lessons For Banks, And Similar Institutions (1)

Security Without Security – Lessons For Banks, And Similar Institutions (1)

Frederick Gurah Sampson- June 30, 2020

Banks and Specialized Deposit Taking institutions (SDTIs) exist to provide financial solutions to their Customers. In doing so, they largely take deposits and grant credit ... Read More

Tracing and Recovery of Assets in Ghana: Has Ghana’s Supreme Court Laid Down A New Standard?

Tracing and Recovery of Assets in Ghana: Has Ghana’s Supreme Court Laid Down A New Standard?

Bobby Banson- April 25, 2020

The Plaintiff, a bank incorporated in Nigeria, desirous of expanding its business operations in Chad opened an account with Banque Commercial Du Chad (BCC) which ... Read More

Ghana’s 2000 Banks Collapse (Part 2)

Ghana’s 2000 Banks Collapse (Part 2)

Samuel Alesu-Dordzi- April 4, 2019

Under Act 180, the liquidator’s role was simply to identify the assets of the banks, sell them and use the proceeds to settle the debts ... Read More

Ghana’s 2000 Banks Collapse (Part 1)

Ghana’s 2000 Banks Collapse (Part 1)

Samuel Alesu-Dordzi- April 1, 2019

Ghana’s Banking sector has experienced a number of significant changes in the past year. Of all these changes, the Bank of Ghana’s revocation of the ... Read More

Regulating Related Party Activities in Ghanaian Banking

Regulating Related Party Activities in Ghanaian Banking

Kenneth Ghartey- February 18, 2019

A survey of the reporting of the still on-going issues surrounding the banking sector in Ghana reveals that many of the problems associated with the ... Read More

Re: Ghana’s Banking Crisis: The Deposit Protection Angle, Part I

Re: Ghana’s Banking Crisis: The Deposit Protection Angle, Part I

Isaac Osei Owusu- December 13, 2018

Introduction:  After reading the succinct analysis on the above subject matter by Samuel Alesu-Dordzi, I am inclined to break my usual norm as a passive ... Read More

Ghana’s Banking Crisis: The Deposit Protection Angle

Ghana’s Banking Crisis: The Deposit Protection Angle

Samuel Alesu-Dordzi- August 23, 2018

The recent collapse of 7 commercial banks has generated a lot of interest and discussions. In spite of these discussions, not much has been said ... Read More

What is Money?

What is Money?

Samuel Alesu-Dordzi- August 20, 2018

Messrs Twumasi Ankrah and Nartey in different articles concerning the legal consequences of the operation of Menzgold Ghana Limited were unanimous on one point: that ... Read More