Category: Banking and Finance
Garnisheeing Joint Bank Accounts – The Ghanaian Law Perspective
Frederick Gurah Sampson Esq and Roselyne Kaledzi Esq Introduction. The Bank-Customer relationship usually commences with the account opening processes. This is the stage where the ... Read More
Understanding the Ghanaian Law on Garnishees (2)
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)
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)
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?
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)
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 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
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
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
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