• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

FBNBank Ghana responds to BoG’s suspension of forex trading license

2 years ago
in Business, Economy, Features, highlights, Home, home-news, latest News, Markets
1 min read
0 0
0
518
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

FBNBank Ghana responds to BoG’s suspension of forex trading license

In light of the recent announcement by the Bank of Ghana (BoG) regarding the temporary suspension of FBNBank’s Foreign Exchange Trading License, FBNBank Ghana has issued a statement to address the matter.

FBNBank Ghana in the statement acknowledged the BoG’s decision and expressed its commitment to working closely with the regulatory body to rectify the identified trade-related matters during the stipulated 30-day suspension period, effective March 18, 2024.

Assuring continuity amidst regulatory measures, FBNBank averred its other business segments, including branch operations and seamless banking solutions, will remain fully operational during the suspension period.

The bank reaffirmed its dedication to upholding high ethical standards, underscoring its commitment to maintaining transparency and integrity in its operations and dealings with stakeholders.

With a legacy spanning 28 years in Ghana, FBNBank Ghana, a subsidiary of the esteemed First Bank of Nigeria Limited (FirstBank Group), boasts a robust network comprising 24 branches, four service points, and an extensive network of nearly 2,000 agents across the nation.

The bank emphasizes its customer-centric approach and longstanding reputation for exceptional service garnered over 130 years of operations within the FirstBank Group.

RelatedPosts

Policy Inconsistencies, Underinvestment Undermining Ghana’s Oil Revenue Growth – Prof Lord Mensah

GSE Composite Index Declines as Market Capitalisation Falls to GH¢168.02bn

European Football’s Power Shift: The Rise of the EFC

Read details of press statement below:

FBNBank Ghana Statement on BoG’s temporary suspension of FBNBank’s Forex Trading Licence

Accra, Ghana, March 5, 2024, We refer to the Bank of Ghana’s announcement of the 30-day suspension of our Foreign Exchange Trading Licence effective March 18, 2024, and would like to update our valued customers and esteemed stakeholders that we are working with the Bank of Ghana to remediate the identified trade-related matters. 

FBNBank would like to assure its valued customers that when the suspension kicks in, the Bank’s other business segments and solutions will be fully operational. This will include branch operations, agent banking partners and channels for seamless banking. 

We reaffirm our commitment to our customers and stakeholders and will continue to uphold the high ethical standards that we are known for. 

FBNBank has, in its 28 years of operating in Ghana, remained focused on putting its customers and communities first. FBNBank Ghana is a member of the First Bank of Nigeria Limited (FirstBank Group), which is renowned for its great customer service and general stakeholder engagement garnered in its 130 years of operation. 

FBNBank Ghana has 24 branches, four service points, and a network of almost 2,000 agents across the country, with over 700 staff. FBNBank offers universal banking services to individuals and businesses in Ghana.

All enquiries may be directed via email to corporatecommunications@fbnbankghana.com 

Tags: BOGFBNBankFBNBank Ghana responds to BoG's suspension of forex trading licenseforex trading license
No Result
View All Result

Highlights

Atlantic Lithium Discovers New High-Grade Spodumene Pegmatite Occurrences in Côte d’Ivoire

UEFA Champions League Matchday 3: Key stats and what to look out for in every game

GPL: Gold Stars ends Heart of Lions’ Unbeaten run as Karela hold Eleven Wonders in Swedru

BudgIT Ghana Calls for Deeper Reforms Following 2024 Open Parliament Index Release

Global Economy Undergoing Profound Transformation Amid Heightened Uncertainty, Says IMFC Chair

Fitch Solutions Revises Ghana’s 2025 Growth Forecast Upwards to 4.9% on Easing Inflation and Stronger Cedi

Trending

Business

Policy Inconsistencies, Underinvestment Undermining Ghana’s Oil Revenue Growth – Prof Lord Mensah

October 21, 2025

Policy Inconsistencies, Underinvestment Undermining Ghana’s Oil Revenue Growth - Prof Lord Mensah Financial Economist and Head of...

GSE Composite Index Declines as Market Capitalisation Falls to GH¢168.02bn

October 21, 2025

European Football’s Power Shift: The Rise of the EFC

October 21, 2025

Atlantic Lithium Discovers New High-Grade Spodumene Pegmatite Occurrences in Côte d’Ivoire

October 21, 2025

UEFA Champions League Matchday 3: Key stats and what to look out for in every game

October 21, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.