Articles

Banking sector clean-up gradually restoring confidence

The Chartered Institute of Bankers Ghana says the financial sector clean-up carried out by the Central Bank is already yielding positive results in the industry. Although there have been several arguments for and against the manner in which the exercise was done, the Institute insists the clean-up was necessary to build a robust financial system. The shakeup in the financial sector...

Pay your clients – SEC to Asset Fund managers

The Securities and Exchange Commission (SEC) has assured the investing public that there is no need for “panic withdrawals” as it is committed to ensuring a sound, efficient and robust market where investors’ funds are protected. The SEC’s assurance follows the revocation of licences of 23 insolvent savings and loans companies and finance houses by the Bank of Ghana (BoG)...