4 d. ago CalBank Rights Issue Oversubscription Signals Shift in Indigenous Banking Risk Perception

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/calbank-rights-issue-oversubscription-signals-shift-in-indigenous-banking-risk-perception/CalBank’s rejection of 500 million cedis in private placement commitments following a 29.4 percent oversubscribed rights issue reveals investors increasingly view Ghanaian owned lenders as viable recovery plays rather than distressed assets, marking a turning point for indigenous banks seven years after the sector’s devastating collapse. The bank closed its capital raising program on November […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/calbank-rights-issue-oversubscription-signals-shift-in-indigenous-banking-risk-perception/

Politics

6 d. ago BoG Governor cautions banks on elevated credit risks despite stronger sector performance

Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has reassured that deposit money banks in the country remain sound, profitable, and well capitalised, while cautioning that credit risks in the sector continue to be elevated.

Politics

6 d. ago Banking Fraud Losses Hit 99 Million Cedis Amid Ethics Crisis

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/banking-fraud-losses-hit-99-million-cedis-amid-ethics-crisis/Ghana’s banking sector recorded fraud losses totaling 99 million Ghana cedis in 2024, representing a 13 percent increase from the previous year, as staff involvement in fraudulent activities surged by 33 percent, according to the Bank of Ghana (BoG). Second Deputy Governor Matilda Asante-Asiedu disclosed these alarming figures at a customer reporting officer stakeholder engagement […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/banking-fraud-losses-hit-99-million-cedis-amid-ethics-crisis/

Events

8 d. ago Banking Sector Demonstrates Resilience Despite Asset Moderation in October

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/banking-sector-demonstrates-resilience-despite-asset-moderation-in-october/Ghana’s banking sector continues to demonstrate resilience, with non-performing loans declining to 19.5 percent in October 2025 from 22.7 percent in October 2024, marking steady improvement in loan quality despite signs of asset moderation. The improvement represents a reduction of 3.2 percentage points within twelve months, signaling strengthening asset quality across the banking sector. Bank […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/banking-sector-demonstrates-resilience-despite-asset-moderation-in-october/

Politics

8 d. ago Banking Sector Total Assets Decline Marks First Notable Drop After Expansion

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/banking-sector-total-assets-decline-marks-first-notable-drop-after-expansion/Ghana’s banking sector has recorded its first significant asset contraction in months, with total assets falling by 5.3 billion cedis in October 2025, according to banking sector data. The decline brought total assets from 428.6 billion cedis in September to 423.3 billion cedis in October, marking a reversal after sustained expansion throughout most of the […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/banking-sector-total-assets-decline-marks-first-notable-drop-after-expansion/

Politics

1 week ago ‘The money has nowhere to go’ – Badu Aboagye pushes banks to drive private sector growth

The Chief Executive Officer of the Ghana National Chamber of Commerce and Industry, Mark Badu Aboagye, says banks have run out of excuses not to lend to the private sector.

Politics

1 week ago The money has nowhere to go – Badu Aboagye urges banks to channel funds into private sector growth

The Chief Executive Officer of the Ghana National Chamber of Commerce and Industry, Mark Badu Aboagye, says banks have run out of excuses not to lend to the private sector.

Politics

1 week ago Banks must step up, our economy can only grow through partnership – Mark Badu Aboagye

Chief Executive of the Ghana National Chamber of Commerce and Industry (GNCCI), Mark Badu Aboagye, says Ghana’s economic progress now depends on a stronger partnership between banks and the private sector.

Politics

1 week ago Interest Rates Plummet as Credit Growth Returns to Positive Territory

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/interest-rates-plummet-as-credit-growth-returns-to-positive-territory/Interest rates across Ghana’s financial system have declined dramatically over the past year, easing pressure on businesses and triggering recovery in private sector lending after months of contraction, according to Bank of Ghana’s latest assessment. Governor Dr. Johnson Pandit Asiama told the 127th Monetary Policy Committee (MPC) briefing that the significant drop in market rates […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/interest-rates-plummet-as-credit-growth-returns-to-positive-territory/

Politics

1 week ago BoG to intensify cybersecurity measures amid rising digital threats

The Bank of Ghana is moving to intensify cybersecurity measures across the financial sector as digital payment adoption accelerates nationwide. According to the Central Bank, the rising cyber risks demand stronger oversight and more advanced protective systems to safeguard banks, payment service providers and millions of customers who rely on digital finance. Speaking on behalf […]

Events

1 week ago Ghana’s insurance industry remains underdeveloped despite potential – Deloitte Insurance Outlook

Ghana’s insurance industry remains underdeveloped despite potential – Deloitte Insurance Outlook With 50 licensed insurers and reinsurers, and market penetration at just 1% in 2024, Ghana’s insurance industry remains underdeveloped relative to its potential, Deloitte has revealed in its 2025 Africa Insurance Outlook. However, the professional services firm says the sector has demonstrated resilience and […]

Politics

1 week ago 20 most influential business leaders honoured at Ghana Corporate Executives’ Awards

Twenty outstanding corporate leaders have been honoured for their exceptional contributions to governance, business growth, and national development at the 2025 edition of the Most Influential Corporate Leaders of the Decade Awards.   The event was organized by Entrepreneurs Foundation of Ghana (EFG) and celebrated transformational leadership across banking, insurance, consultancy, trade facilitation, and public sector […]

Politics

1 week ago Deloitte Cautions Against Ambitious Bad Loan Reduction Target

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/deloitte-cautions-against-ambitious-bad-loan-reduction-target/Deloitte Ghana is cautioning that the Bank of Ghana’s plan to slash the banking sector’s non performing loans (NPLs) to 10 percent by the end of 2026 will require aggressive and sustained recovery efforts, even as asset quality shows steady improvement. In its post 2026 budget review, the auditing and advisory firm described the target […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/deloitte-cautions-against-ambitious-bad-loan-reduction-target/

Events

1 week ago CWG Ghana Secures International Information Security Certification

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cwg-ghana-secures-international-information-security-certification/CWG Ghana Limited has attained the ISO/IEC 27001:2022 certification, a globally recognized standard for Information Security Management Systems (ISMS), following a rigorous independent audit of its operations. The certification demonstrates the company’s commitment to data protection, operational resilience, and international best practices in cybersecurity. Managing Director Harriet Yartey, who also serves as Vice President for […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cwg-ghana-secures-international-information-security-certification/

Politics

2 w. ago High Lending Rates Undermine Ghana Business Climate Despite Economic Gains

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/high-lending-rates-undermine-ghana-business-climate-despite-economic-gains/Ghana’s banking sector maintains lending rates around 24 percent despite significant improvements in inflation and overall macroeconomic stability, creating persistent challenges for businesses across the country. The professional services firm Deloitte raised this concern in its comprehensive analysis of the government’s 2026 budget statement. The elevated borrowing costs stand in stark contrast to rates offered […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/high-lending-rates-undermine-ghana-business-climate-despite-economic-gains/

Economics

2 w. ago Ghana Unveils Comprehensive Framework to Regulate Virtual Assets

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-unveils-comprehensive-framework-to-regulate-virtual-assets/Ghana has introduced a national policy framework to regulate cryptocurrencies and virtual asset service providers, marking a significant shift from its previous cautionary stance toward formal oversight of the growing digital asset sector. The Bank of Ghana (BoG) released the policy paper, titled “Ghana’s Policy Position on Virtual Assets and Service Providers,” in early November […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-unveils-comprehensive-framework-to-regulate-virtual-assets/

Politics

3 w. ago Banking sector fraud – Why collaboration is our strongest currency

Cybercrime continues to expand at an accelerating pace, thanks in part to Artificial Intelligence (AI), [1] increasing both in scope and complexity. Within the banking sector, fraud should not be regarded as an isolated phenomenon but rather as an integral component of this broader cybercrime ecosystem. Bad actors consistently adapt their methods, exploiting vulnerabilities arising […]

Politics

3 w. ago Bank of Ghana Unveils New Foreign Exchange Operations Framework

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-unveils-new-foreign-exchange-operations-framework/The Bank of Ghana (BoG) has launched a comprehensive Foreign Exchange (FX) Operations Framework designed to enhance market transparency, strengthen investor confidence, and support macroeconomic stability across the country’s financial sector. The central bank outlined three primary objectives in a statement released recently. These include building robust foreign reserves to shield the economy from external […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-unveils-new-foreign-exchange-operations-framework/

Politics

3 w. ago Energy Minister, World Bank discuss collaboration to strengthen power sector

The Minister for Energy and Green Transition, John Abdulai Jinapor, has held discussions with a World Bank delegation led by Dr Robert Taliercio on ways to deepen collaboration and sustain reforms in Ghana’s energy sector.

Politics