Tag: Banking and Finance

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Security Without Security – Lessons For Banks, And Similar Institutions (1)
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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 facilities to Customers. Credit Facilities come in several forms/types ranging from Contingent Liabilities (Bid Guarantees, Bank Guarantees, Performance Guarantees, Advanced Payment Guarantees, and Retention Guarantees), to Loans, Overdrafts, Finance Lease,...

Regulating Related Party Activities in Ghanaian Banking
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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 banking sector have been attributed to ‘weak corporate governance’[1]. A careful examination of the facts surrounding the collapse of the seven banks over the last two years shows that at...