From the first Rural and Community Bank (RCB) which was established at Agona Nyakrom in 1976, there are currently 145 RCBs with more than 800 agencies spread across the 16 regions of the country. Although these banks control less than 10 per cent of the total assets of the banking industry, with over six million customers, RCBs have become unarguably the largest...
Professor of economics at the Institute of Statistical, Social and Economic Research (ISSER), Professor Peter Quartey has stated that the establishment of the National Development Bank will have no positive impact on the growth of the economy if government fails to apply proper business management in its operations. The establishment of the bank which has been part of government’s plans...
The Ghana Association of Bankers says banks cannot be blamed for not accepting the new Voter Identification card as a form of identification for banking transactions. It’s been over 10 months since the Electoral Commission introduced the new Voters ID card. However, the banks do not recognize the ID card used for voting during the last Presidential and Parliamentary elections, for...
