Banking & Finance

International credit rating agency, Fitch Ratings, has said Ghanaian banks are in a good position to absorb increased risks to asset quality occasioned by weakened...

The African Development Bank is under pressure to maintain its AAA rating, which gives it access to the international financial markets and allows it to...

The Bank of Ghana (BoG) has issued the Unclaimed Balances & Dormant Accounts directive for banks and specialized deposit-taking institutions in the country. The new...

One of the most important lessons of the pandemic-struck 2020 is the need to stay safe. Alongside staying safe, the uncertainties brought about by the...

The Japanese government through the Japan International Cooperation Agency (JICA), together with the African Development Bank Group (AfDB), have provided a development assistance loan of...

Interest on fixed deposits dropped to an eight-year low on bankers’ reduced appetite for savings following a slowdown in demand for loans. The Central Bank...

Significant revisions to US anti money-laundering (AML) rules intensify financial crime risks for non-US banks by increasing the scope of potential investigations by the US...

South Africa's sovereign rating (BB-/Negative) remains the key pressure on the country's bank ratings, Fitch Ratings says, as aggregated banking sector data for end-2020 published...

Heightened risk of asset quality deterioration is the main threat to UAE banks' Viability Ratings in 2021-2022, Fitch Ratings says in a new report. Asset...

UBA Ghana, a Pan-African financial institution, has reiterated its commitment to provide fast, secure, reliable and convenient remittance services across all 20 operating countries with...