Overview of Ghana’s Deposit Protection Scheme
2016 was a challenging year for the Ghanaian Banking sector. Reports of microfinance institutions folding up were rife. “Owners” of these financial institutions were disappearing...
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Overview of BOG’s Corporate Governance Directives
Banking in Ghana began in the 1890s when Standard Chartered Bank (Ghana) Limited established its first branch in Accra. This was followed by the opening in 1917 of a Barclays...
Unibank vs UT Bank and Capital Bank: Spot the Difference?
Banking and Finance Company Law Corporate Governance
The Bank of Ghana (BOG) on March 20, 2018, appointed KPMG as “official administrator” of Unibank Ghana Ltd (“Unibank”). According to the BOG, the appointment of the...
Are Banks Allowed to Name and Shame Defaulting Customers?
Banking and Finance Corporate and Commercial Opinions and Articles
In 1896, the Bank of British West Africa (which later became the Standard Chartered Bank) opened its first branch in Accra. Between 1920-1950, the Bank of British West Africa...
Digital and Virtual currencies in Ghana: Did the Bank of Ghana miss the road?
Banking and Finance Opinions and Articles
The Bank of Ghana in a recent notice[1] headed “Digital and Virtual Currency Operations in Ghana” sought to clarify the Ghanaian position on digital and virtual currencies...