Tag Archives: Ghana Banks News

Zeepay begins talks with BoG over forex licence issue

Zeepay Ghana Limited has initiated discussions with the Bank of Ghana to resolve the suspension of its forex license. Last week, the Central Bank says it has temporarily suspended the forex licence of Zeepay Ghana for failing to use the average interbank exchange rate published by the Ghana Association of …

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The 2022/2023 Batch of National Service Personnel at CalBank Refurbishes a 3-Unit Classroom Block at Bogyawe-Ankaasi JHS in the Ashanti Region

The 2022/2023 batch of National Service Personnel at CalBank has renovated a 3-unit classroom block at the Bogyawe-Ankaasi JHS, Bekwai in the Ashanti Region. For several years, the community had been grappling with the dire need for renovations at the school, which had seen limited improvements since its construction many …

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FBNBank Ghana claims four prestigious awards

FBNBank Ghana has won four prestigious awards within the last two weeks. The Bank claimed “the Corporate Governance and Leadership Ethics Award” at the Stellar Performance CEO Awards, “the Banking Brand of the Year Award” at the Ghana Business Awards, “the Banking and Finance Institution of the Year” at the …

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BoG fines and suspends forex license of Zeepay Ghana

The Bank of Ghana has fined Zeepay Ghana Limited for failing to use the average interbank exchange rate published by the Ghana Association of Banks and the Bank of Ghana for the conversion of settlement funds into the local currency. This development was captured in a statement issued by the …

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BoG assures of policy solvency despite DDEP-induced difficulties

The Bank of Ghana (BoG) has said it remains steadfast in its commitment to policy solvency – focusing on managing inflation and ensuring financial stability – despite challenges posed by the Domestic Debt Exchange Programme (DDEP). Director of Research-BoG, Dr. Philip Abradu-Otoo, made the assurance while insisting that there is …

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