As the upgraded banknote series began to issue, the Bank of Ghana was planning its next step – the addition of two new high denominations. Issuing new higher denominations is rarely straightforward. Their high face value means they can act as stores of value, and in cash-intensive economies,...
John Dramani Mahama President of Ghana Bhavesh Jain MD & CEO of TransUnion CIBIL Vaibhav Chaturvedi Ex-officio member of the (IBBI) Rajeev Mehta Secretary General of the (FCA) Jayen Mehta's Managing Director of GCMMF Francois Bayrou Prime Minister of France Preeti Lobana Country Manager and ...
In 2021, Governor Dr. Addison gave the Akufo-Addo-Bawumia administration, close to GH¢35 billion in loans and overdrafts contrary to Section 30 of the Bank of Ghana Act 612 as amended by the Bank of Ghana(Amendment) Act, 2016, Act 918. Section 30(2) of Act 612 as amended provides...
CalBank Plc, previously known as Continental Acceptance Limited, and later CAL Merchant Bank, is a Ghana-based company active in investment, corporate and retail banking, and brokerage and asset management services. It was incorporated on 20th March, 1989 under the companies code, 1963 Act 179,...
Ghana’s banks need central bank support to survive amid domestic restructuring of government debt, economists say.
The principal activity of the Bank is the provision of banking and other financial services to corporate and individual customers. Such services include granting of loans and advances, corporate finance and money market activities. The Bank has five subsidiary companies namely, Zenith Bank (Ghana) ...