The Economic and Organised Crime Office (EOCO) in collaboration with the Ghana Association of Banks, has arrested four (4) persons engaged in SIM swap fraud. Suspects, according to a representative of the Association of Banks, Mr. Ransford Nana Addo Jnr, were picked up at various locations in the country for colluding and illegally accessing the accounts of some Ghanaians from...
A Banking Consultant, Mrs. Ramat Ebella Ellis, has described financial literacy empowerment as a critical tool for investment and called for upscaling advocacy among Ghanaians to raise the public’s interest in financial-related issues, especially investment. “Financial literacy advocacy was key in developing the investment sector of the economy,” Mrs. Ellis who is also an Investment Advisor to the Centre for...
RDF Ghana LBG, a development finance institution, in collaboration with the National Banking College, has unveiled a training programme for Rural and Community Banks (RCBs) to drive sustainable rural growth and development. Dubbed RDF Executive Management Essentials for Rural Banking (REMERB), the programme developed with support from the Association of Rural Banks and ARB Apex Bank, is to...
The Finance Ministry has stated that ATM withdrawals will not attract the 1.5% charge on electronic transfers. Also, same person transactions will not attract the E-Levy. The E-Levy is a tax imposed on electronic transfers charged at the time of transfer. The levy shall be administered by the GRA and collected through licensed Banks, Specialised Deposit-Taking Institutions, Payment Service Providers(PSPs), and...
