Tue, March 11, 2025
[ Tue, Mar 11th ]: BBC
White House rolls back plan to double tariffs on Canadian steel and aluminium, officials say
[ Tue, Mar 11th ]: AOL
Tesla stock rises after worst day in almost 5 years as Morgan Stanley says buy the dip
[ Tue, Mar 11th ]: Investopedia
Some Of Trump's Biggest Fans In Business Are Starting To Feel The Uncertainty
[ Tue, Mar 11th ]: decrypt
Cantor Fitzgerald's Bitcoin Business to Use Anchorage Digital and Copper
[ Tue, Mar 11th ]: CNET
Tariffs Explained: What They Mean for You as New Canada Duties Announced
[ Tue, Mar 11th ]: UPI
U.S. job openings show January increase, preceding impact of DOGE layoffs
[ Tue, Mar 11th ]: Bankrate
Best crypto bonuses and promotions in March 2025
[ Tue, Mar 11th ]: Forbes
How This CFO Uses M&A And A Focus On Execution To Drive Growth
[ Tue, Mar 11th ]: GhanaWeb
FULL TEXT: Finance minister presents 2025 Budget and Economic Policy
[ Tue, Mar 11th ]: Fortune
The Fortune500 gains another female CEO next mont .. sks in her inbox range from tariffs to wild fires
[ Tue, Mar 11th ]: BBC
Key takeaways from President John Mahama first bu .. goment scrap betting tax, covid 19 levy and odas
[ Tue, Mar 11th ]: CoinTelegraph
Strategy shares down 30% since Saylor's Forbes cover
[ Tue, Mar 11th ]: TheWrap
Seth Meyers Suspects the 'Business' Part of Fox B .. Doesn't Actually Refer to, Well, Business | Video
[ Tue, Mar 11th ]: MoneyWeek
Side hustle tax changes: HMRC reforms could save thousands from filing self-assessment tax returns
[ Tue, Mar 11th ]: MarketWatch
Many in small business were jubilant over Trump's .. ince grown very uncertain about the U.S. economy.
[ Tue, Mar 11th ]: Bankrate
Personal savings vs. business savings: What are the differences?
[ Tue, Mar 11th ]: NerdWallet
The Labor Market: Worker Perception and Economic Health
[ Tue, Mar 11th ]: Patch
Finance Director Needed In Tredyffrin Township Government
[ Tue, Mar 11th ]: Insider
CD, Checking, and Savings Rates Today: Start Earning More Interest
[ Tue, Mar 11th ]: Fortune
Prologis CEO on the chaos and opportunity of tariffs: 'I don't like to make our money that way'
[ Tue, Mar 11th ]: Bloomberg
US Small-Business Optimism Retreats as More Shift to Price Hikes
[ Tue, Mar 11th ]: Cryptopolitan
Why Experts Are Calling Remittix (RTX) The New XR .. d Are Backing It To Surpass Cardano (ADA) In 2025
[ Tue, Mar 11th ]: CoinTelegraph
Five reasons RWAs are taking off in 2025
[ Tue, Mar 11th ]: Kiplinger
These Four Books Explore How to Leverage Our Outrage Positively
[ Tue, Mar 11th ]: cnbctv18
RBI to issue ?100 and ?200 banknotes with new Governor's signature
[ Tue, Mar 11th ]: Forbes
Financial Pitfalls To Avoid During And After Divorce
[ Tue, Mar 11th ]: rnz
Calculated risk: Will the next Reserve Bank governor relax capital requirements for banks?
[ Tue, Mar 11th ]: Insider
The career rise of billionaire Steve Cohen, the hedge fund legend who owns the Mets
[ Tue, Mar 11th ]: KelownaNow
AI, robots, mushroom picking and government grants in Salmon Arm
[ Tue, Mar 11th ]: Mint
Term loans explained: Types, benefits, and key drawbacks you should know
[ Tue, Mar 11th ]: CNBC
CNBC Daily Open: U.S. markets tumble as Trump adm .. stration dismisses economic fears and stock slump
[ Tue, Mar 11th ]: Bloomberg
Regulatory Outlook: What deregulation and simplif .. ean for regulators in the UK, EU, and Middle East
[ Tue, Mar 11th ]: Moneycontrol
IIFL Finance Consolidated December 2024 Net Sales at Rs 2,442.58 crore, down 7.74% Y-o-Y
[ Tue, Mar 11th ]: Reuters
Exclusive: Bank of America eliminates some investment banking roles, sources say
[ Tue, Mar 11th ]: WIBW
GO Topeka launches two new grant programs to help young employees and small businesses
[ Tue, Mar 11th ]: GOBankingRates
What Are Financial Securities?
[ Tue, Mar 11th ]: Newsweek
Amid Recession Fears, Dow Plummets, Nasdaq Has Worst Day Since 2022
Mon, March 10, 2025
[ Mon, Mar 10th ]: WTHR
During Indianapolis visit, SBA administrator announces plan to cut regulations on small business
[ Mon, Mar 10th ]: MUO
10 Personal Finance Excel Spreadsheet Templates for Managing Money
[ Mon, Mar 10th ]: Newsweek
Will a Recession Lower Interest Rates? What It Means for Housing Market
[ Mon, Mar 10th ]: TechCrunch
Rocket Companies to acquire Redfin for $1.75B
[ Mon, Mar 10th ]: Invezz
'Trumpcession': The real reasons behind Trump's trade war and what comes next
[ Mon, Mar 10th ]: CNN
Dow falls by almost 900 points in market rout after Trump says he won't rule out a recession
[ Mon, Mar 10th ]: Variety
JBX Market Head on How Joburg Event Can Boost Africa as 'Global Force' in Film and TV Production
[ Mon, Mar 10th ]: Entrepreneur
Expert Strategies to Add to Your Small Business's Playbook This Tax Season
[ Mon, Mar 10th ]: Insider
Elon Musk said he's running his businesses with 'great difficulty' as Tesla stock falls 15%
[ Mon, Mar 10th ]: Bankrate
How to roll over your 401(k) into a gold or silver IRA
[ Mon, Mar 10th ]: Time
Trump Speaks Out on Recession Fears, Tariffs, and Zelensky
[ Mon, Mar 10th ]: Cryptopolitan
Europe faces stark choices over Russian $300 billion asset seizure
[ Mon, Mar 10th ]: GhanaWeb
High Court overturns Bank of Ghana's revocation of Ideal Finance's licence
[ Mon, Mar 10th ]: Fortune
'Corporate social responsibility' is a flawed con .. What we really need is 'corporate accountability'
[ Mon, Mar 10th ]: BBC
Mark Carney wins race to become Canada's PM and vows to stand up to Trump
[ Mon, Mar 10th ]: Bernews
BELCO Opens Scholarship Program Applications
[ Mon, Mar 10th ]: TheWrap
Murdoch's Next Move: How Rupert Could Box Out His Children and Keep Control of the Fox Empire
[ Mon, Mar 10th ]: Bloomberg
Crypto slump deepens as macro headwinds offset Trump push
[ Mon, Mar 10th ]: Adweek
Flau'jae Johnson and Experian Double Team Consumer Debt in March Madness Ads
[ Mon, Mar 10th ]: Mint
Why do banks keep offering you credit cards? Here's the real reason
[ Mon, Mar 10th ]: Forbes
How FICO Scores Became A Profit Machine
[ Mon, Mar 10th ]: News18
India Imposes Anti-Dumping Duty On Water Treatment Chemical From China, Japan
[ Mon, Mar 10th ]: Politico
55 Things to Know About Canada's Next Prime Minister, Mark Carney
[ Mon, Mar 10th ]: Vanguard
CBN's efforts to leverage forex stability for single digit inflation
[ Mon, Mar 10th ]: AOL
The new Trump era just got more complicated for Capital One
[ Mon, Mar 10th ]: Euronews
Ex-central banker Mark Carney to become Canada's next prime minister
[ Mon, Mar 10th ]: Zawya
Knight Frank: Dubai's office rents climb 9.1% in H2 2024 amid rising demand
[ Mon, Mar 10th ]: Reuters
BRICS' climate leadership aims hang on healing deep divides
[ Mon, Mar 10th ]: Firstpost
Canada's new PM: Mark Carney set to take the helm amid trade war and election frenzy
Sun, March 9, 2025
[ Sun, Mar 09th ]: CNA
Japan posts current account deficit for first time in 2 years
[ Sun, Mar 09th ]: Bloomberg
Ex-banker Carney wins Canada's liberal contest, to succeed Trudeau in days
[ Sun, Mar 09th ]: Oneindia
Mark Carney Wins Canada's Liberal Leadership, All Set To Succeed Trudeau As Prime Minister
[ Sun, Mar 09th ]: Week99er
4 Best Cryptos To Invest In March 2025: Unlock 10x Returns with These Hidden Gems
[ Sun, Mar 09th ]: Bernews
Premier Speaking At SXSW Conference In Texas
[ Sun, Mar 09th ]: Insider
David Sacks says the US may have lost over $16 billion in early liquidation of bitcoins
[ Sun, Mar 09th ]: WJTV
Ghost preparers and spear phishing: Here's the tax scams to avoid
[ Sun, Mar 09th ]: Cryptopolitan
Trump and Elon Musk's D.O.G.E find $333M in federal loans to 110+ year olds
[ Sun, Mar 09th ]: Newsweek
GOP's Rick Scott Confronted on 'Disturbance' From Trump Economic Policies
[ Sun, Mar 09th ]: BusinessTech
Godongwana reveals the budget item causing VAT hike chaos in South Africa
[ Sun, Mar 09th ]: Benzinga
Warren Buffett on Debt and Donald Trump's Money Moves: Trump 'Never Went Right'
[ Sun, Mar 09th ]: who13
Influencers have trouble figuring out their tax obligations, here's why
[ Sun, Mar 09th ]: AOL
Angel investor shares cautionary advice for LGBTQ founders
[ Sun, Mar 09th ]: Kiplinger
You Don't Want to Retire in Portugal: Here Are Three Tax Reasons Why
[ Sun, Mar 09th ]: Fortune
Why jeweler Kendra Scott is winning affordable lu .. open dozens of stores while others are downsizing
[ Sun, Mar 09th ]: Mint
The rise of 'agentic AI': Why data scientists and software developers should be worried
[ Sun, Mar 09th ]: Truthout
The US Is Undergoing a Corporate Coup. Sudan Shows How Dangerous It Can Become.
[ Sun, Mar 09th ]: GOBankingRates
5 Ways To Adopt Warren Buffett's Long-Term Approach to Investing
[ Sun, Mar 09th ]: Moneycontrol
Microsoft announces new sales AI agents, AI Accelerator for Sales: Key details
[ Sun, Mar 09th ]: IDLProcycling
Vingegaard starts Paris-Nice with a new helmet an .. ice himself for Jorgenson: "I'm not that selfish"
[ Sun, Mar 09th ]: CNET
PSA: The Longer You Wait To File Your Taxes Online, The More You'll Pay
[ Sun, Mar 09th ]: MyJoyOnline
Finance Minister to present 2025 budget on March 11
[ Sun, Mar 09th ]: Zawya
Madinet Masr reports results for FY 2024
[ Sun, Mar 09th ]: News18
Tata Capital IPO: Company To File Draft Papers After NCLT Approval Of Tata Motors Finance Merger
[ Sun, Mar 09th ]: Euronews
Where in Europe are women most willing to start their own business?
[ Sun, Mar 09th ]: CNBC
Activist Spectrum Entrepreneurial has a stake in Landis+Gyr, and it may be poised to build value
[ Sun, Mar 09th ]: Quartz
Walmart and Warren Buffett on tariffs, a Target boycott, Starbucks layoffs: Business news roundup
[ Sun, Mar 09th ]: Mashable
Best tax credits for small business owners filing this year
[ Sun, Mar 09th ]: MSN
Locals gather for Small Business Expo in Trumbull County
[ Sun, Mar 09th ]: WION
From Slums to Startups: The Inspiring Ascent of Indian Women Entrepreneurs
Sat, March 8, 2025
[ Sat, Mar 08th ]: Futurism
Elon Musk Is Trying to Get Access to the Child Support Database
[ Sat, Mar 08th ]: Forbes
10 Women Pioneering AI, Blockchain & Leadership| Women's History Month
[ Sat, Mar 08th ]: Vanguard
Air Force personnel attack on Ikeja Electricity Disco: 15 wounded staff in hospitals
[ Sat, Mar 08th ]: GhanaWeb
Finance minister engages with traders, head porters ahead of 2025 budget presentation
[ Sat, Mar 08th ]: TwistedSifter
Homeowner Refuses To Pay Gardener For His Work, So The He Fills The Owner's Yard With Tennis Balls
[ Sat, Mar 08th ]: MSN
Trump tariffs could drive markets down if they stay at these levels: Julian Emanuel
[ Sat, Mar 08th ]: Insider
I made $48,000 in revenue in 4 months on Etsy. He .. ed to find the right products and prices to sell.
[ Sat, Mar 08th ]: TheStreet
Protect Your Retirement Portfolio from Tariff Risks
[ Sat, Mar 08th ]: Bloomberg
Trump's Company Sues 'Woke' Capital One for Canceling Accounts
[ Sat, Mar 08th ]: CNET
Skip the Spring Break Airport Security Lines With Free TSA PreCheck
[ Sat, Mar 08th ]: Reuters
US regulator clears path for banks to engage in some crypto activities
[ Sat, Mar 08th ]: BusinessTech
Trouble for South African homeowners with bonds
[ Sat, Mar 08th ]: GOBankingRates
If You Invest $10K in the Magnificent 7 Now, What Could It Be Worth in 10 Years?
[ Sat, Mar 08th ]: Wired
The Biggest US Banks Have All Backed Out of a Commitment to Reach Net Zero
[ Sat, Mar 08th ]: AOL
Is Uber Technologies a Buy, Sell, or Hold in 2025?
[ Sat, Mar 08th ]: Kiplinger
How to Help Accelerate Support for Women's Equality
[ Sat, Mar 08th ]: CNBC
HPE CEO on the profitability of server business: Faced execution challenges and more competition
[ Sat, Mar 08th ]: Goodreturns
1:10 Stock Split of Pharma Stock: Record Date Set For March 21; What Investors Should Do Next?
[ Sat, Mar 08th ]: News24
Could we still see a hike in VAT when the budget is tabled?
[ Sat, Mar 08th ]: Entrepreneur
Women's Day 2025: Celebrating Progress, Demanding Action in Investment and Leadership
Fri, March 7, 2025
[ Fri, Mar 07th ]: BusinessTech
Tax hikes expected next week - including VAT
[ Fri, Mar 07th ]: Ukrinform
Finance Ministry: Partners more willing to engage in dialogue on use of Russian assets
[ Fri, Mar 07th ]: Insider
Amica Auto Insurance Review 2025
[ Fri, Mar 07th ]: ProPakistani
FBR Introduces Major Changes to Export Finance Scheme
[ Fri, Mar 07th ]: Bloomberg
Mexico Finance Chief Steps Down and Is Replaced by His Deputy
[ Fri, Mar 07th ]: Narcity
Government of Canada jobs are available abroad and you can apply for these 11 positions
[ Fri, Mar 07th ]: Bankrate
What is a chattel mortgage?
[ Fri, Mar 07th ]: GOBankingRates
How To Get a Citi Cashier's Check: Simple Steps, Fees and Limits
[ Fri, Mar 07th ]: AOL
Commentary: Fudging the data won't help the Trump economy
[ Fri, Mar 07th ]: CNET
NordVPN NordProtect Identity Theft Protection Review: VPN Plus Basic ID Theft Features
[ Fri, Mar 07th ]: Reuters
Exclusive: Canada's RBC lays off some employees related to HSBC acquisition, sources say
[ Fri, Mar 07th ]: Fortune
The rise of cursing CEOs and what it means for business
[ Fri, Mar 07th ]: MarketWatch
State Street's private-debt ETF launched with major buzz. What are investors getting?
[ Fri, Mar 07th ]: Investopedia
What Is an SBA Microloan, and How Does It Work?
[ Fri, Mar 07th ]: Zawya
Banking, retail and telecoms power South Africa's brand value to over $33bln in 2025
[ Fri, Mar 07th ]: Forbes
The Rise Of Private Credit And The Role Of Asset-Based Finance In Funding SMBs
[ Fri, Mar 07th ]: IPPMEDIA
Illicit financial flows burden Tanzania's national budget
[ Fri, Mar 07th ]: CNN
7-Eleven's Japanese owner appoints American CEO to fend off $47 billion takeover bid
Thu, March 6, 2025
[ Thu, Mar 06th ]: TechCrunch
Turing, a key coding provider for OpenAI and othe .. LLM producers, raises $111M at a $2.2B valuation
[ Thu, Mar 06th ]: TechRepublic
6 Best Banks for Small Business Loans in 2025
[ Thu, Mar 06th ]: deBanked
How Mike Brooks Battled in the Ring and Won Top Broker in Equipment Financing
[ Thu, Mar 06th ]: WTHR
Two Indianapolis federal buildings listed for possible sale
[ Thu, Mar 06th ]: Cryptopolitan
Ethereum Meme Coins PEPE and SHIB Backed To Come .. onger; Mutuum Finance (MUTM) To Rise 23x In Weeks
[ Thu, Mar 06th ]: Bizcommunity
Banking, retail and telecoms power SA's brand value to over R600bn in 2025
[ Thu, Mar 06th ]: VOCM
Furey and Coady on Trade Mission to U.K to Strengthen and Build on Opportunties
[ Thu, Mar 06th ]: Deadline
Comcast's 'SpinCo' Adds Media Veteran Jordan Fasb .. Chief Counsel, Finalizing Senior Management Team
[ Thu, Mar 06th ]: GOBankingRates
10 Best Paying Middle-Class Jobs That Don't Require a Degree
[ Thu, Mar 06th ]: TipRanks
Plume and 0G Partner to Launch RWAI Agents, Redefining AI-Powered RWA Finance
[ Thu, Mar 06th ]: Mint
When do you have to register for GST as a professional landlord?
[ Thu, Mar 06th ]: Patch
The Merrimack Invests In Kimball Jenkins Infrastructure Upgrades
[ Thu, Mar 06th ]: CNN
Trump and Musk are trying to take America private
[ Thu, Mar 06th ]: Insider
AmONE Personal Loans 2025: Pros, Cons, and Alternatives
[ Thu, Mar 06th ]: WCNC
Logistics company with 82 locations worldwide moves headquarters to Charlotte
[ Thu, Mar 06th ]: Fortune
Is Saudi Arabia the next China or India? See for yourself
[ Thu, Mar 06th ]: Newsweek
Are US Banks Banned in Canada? What We Know About Trump's Claim
[ Thu, Mar 06th ]: Investopedia
BlackBerry: A Story of Constant Success and Failure
[ Thu, Mar 06th ]: CNET
I Work Remotely. Do I Qualify for the Home Office Tax Deduction?
[ Thu, Mar 06th ]: Digit
From Microsoft to Google and OpenAI: These 5 AI agents are pushing boundaries of AI
[ Thu, Mar 06th ]: LondonLovesBusiness
Has Trump learned a lesson? Dramatic tariff U-tur .. ns no tax on low-value Canadian and Mexican goods
[ Thu, Mar 06th ]: Forbes
Why Small- And Mid-Cap Companies Could Shine For Investors During A Trade War
[ Thu, Mar 06th ]: Metro
Average pay of the UK's 15 most common jobs revealed - see how you compare
[ Thu, Mar 06th ]: Zawya
LoftyInc Capital announces $43mln first close of its New Pan-African Seed Fund
[ Thu, Mar 06th ]: cnbctv18
Bajaj Allianz February Update: General insurance gross direct premium at ?1,219 crore
[ Thu, Mar 06th ]: TechRadar
How finance teams can avoid falling behind in the AI race
[ Thu, Mar 06th ]: Kiplinger
Six Steps to Simplify Your Estate for Your Heirs
[ Thu, Mar 06th ]: AOL
Trump's tariffs are already impacting prices, forcing businesses to reassess supply chains
[ Thu, Mar 06th ]: Reuters
US clean power investors see strong outlook despite gas plant rush
[ Thu, Mar 06th ]: CNBC
China has more room to act on fiscal policy amid global uncertainties, finance minister says
[ Thu, Mar 06th ]: MSN
Japan's Seven & i names new CEO, announces restructuring
[ Thu, Mar 06th ]: Entrepreneur
More Than Four Crore Loans Worth INR 4.8 Lakh Crore Taken by Women in 2024: NITI Aayog Report
Wed, March 5, 2025
[ Wed, Mar 05th ]: Tuko
Kiharu MP Ndindi Nyoro Kicked out As Budget and Appropriations Committee Chair
[ Wed, Mar 05th ]: Marketplace
10-year Treasury yields are falling. Want the good news first?
[ Wed, Mar 05th ]: Variety
Jen Hollingsworth, Former Lionsgate and Flawless .. I Executive, Named CEO of Cast & Crew (EXCLUSIVE)
[ Wed, Mar 05th ]: blogTO
Toronto was just named among world's best cities for career growth
[ Wed, Mar 05th ]: WJTV
The Latest: The world reacts to Trump's 'swift and unrelenting action' as president
[ Wed, Mar 05th ]: Fortune
Deloitte is tracking office attendance to decided bonuses for some staff
[ Wed, Mar 05th ]: rnz
Shock and Orr: The sudden resignation of the central bank governor
[ Wed, Mar 05th ]: Huawei
All Intelligent Operations Enables New Growth
[ Wed, Mar 05th ]: Forbes
Trump Speech To Congress Renews Call For No Tax On Tips
[ Wed, Mar 05th ]: manilatimes
Prenetics Announces Fourth Quarter and Full Year 2024 Financial Results, Provides 2025 Guidance
[ Wed, Mar 05th ]: MarketWatch
Say hello to the 10% savings account - and 9 more .. of the highest APY savings accounts in March 2025
[ Wed, Mar 05th ]: business
Treasury bill rate decline: Macroeconomic and fiscal implications
[ Wed, Mar 05th ]: Politico
Trump's go-it-alone vision for America
[ Wed, Mar 05th ]: Kiplinger
10 Ways to Refine Your Financial Plan for a More Secure Future
[ Wed, Mar 05th ]: Impacts
Unmasking Cryptocurrency Trading Schemes: The Ris .. , and Fake Investment Schemes in the Digital Age.
[ Wed, Mar 05th ]: CNET
Did You Receive a 1099-K? Make Sure You Don't Make This Costly Mistake
[ Wed, Mar 05th ]: GlobalData
China, Canada retaliate against US tariffs
[ Wed, Mar 05th ]: IPPMEDIA
Executives, business leaders to meet in Dar for women's rights, empowerment
[ Wed, Mar 05th ]: Zawya
PIF and SACE sign MoU for up to $3bln to promote Italian companies' engagement in Saudi Arabia
[ Wed, Mar 05th ]: MSN
World shares and US futures are higher after Wall Street losses and Trump's speech
[ Wed, Mar 05th ]: Reuters
UK aims to speed up defence contracts, finance minister says
[ Wed, Mar 05th ]: richest
Elon Musk fails in bid to block OpenAI becoming a for-profit business
[ Wed, Mar 05th ]: Mint
How Sebi's serial crackdown crimped F&O volumes and crashed broking-firm stocks
[ Wed, Mar 05th ]: Investopedia
Kash Patel Net Worth: Here's How Trump's FBI Director Made His Money
[ Wed, Mar 05th ]: CNN
Fact-checking Trump's address to Congress
[ Wed, Mar 05th ]: ThePrint
Stock market opens in green despite Trump's reciprocal tariffs announcement from April 2
Tue, March 4, 2025
[ Tue, Mar 04th ]: BBC
Zelensky ready to work under Trump's 'strong leadership' after 'regrettable' showdown
[ Tue, Mar 04th ]: Moneyweb
Budget 2025: 'There's no agreement yet' - Steenhuisen
[ Tue, Mar 04th ]: Investopedia
Medicare Advantage vs. Original Medicare: Which Should You Trust Your Health To?
[ Tue, Mar 04th ]: Fortune
Elon Musk is 'the investor of our age' and won't .. e distracted by DOGE, Tesla bull Cathie Wood says
[ Tue, Mar 04th ]: Forbes
AI: Balancing Innovation With Privacy, Fairness And Ethical Governance
[ Tue, Mar 04th ]: CNN
Lutnick: US could announce trade deal Wednesday with Mexico and Canada after imposing tariffs
[ Tue, Mar 04th ]: MSN
Business leader on Canada tariff impacts in Bellingham, WA
[ Tue, Mar 04th ]: Variety
Behind the 'Sickening' Collapse of Technicolor an .. re Is Sending Shockwaves Through the VFX Industry

Revocation of Licence: Read the letter Bank of Ghana sent to founder of defunct UT Bank


  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. of-ghana-sent-to-founder-of-defunct-ut-bank.html
  Print publication without navigation Published in Business and Finance on by GhanaWeb

The Bank of Ghana, in August 2017, revoked the license of two commercial banks - UT Bank and Capital Bank. The action was triggered by the inability of the two banks to turn around their negative capital adequacy positions,

The article on GhanaWeb details the Bank of Ghana's decision to revoke the license of UT Bank, as communicated in a letter to the bank's founder, Prince Kofi Amoabeng. The letter, dated August 14, 2017, explains that the revocation was due to UT Bank's significant undercapitalization and insolvency, which posed a risk to the stability of the financial system. The Bank of Ghana had previously issued a notice on March 29, 2017, requiring UT Bank to recapitalize to meet the new minimum paid-up capital requirement of GH¢400 million by December 31, 2018. Despite this, UT Bank failed to comply, and its financial condition deteriorated further, leading to the decision to revoke its license to protect depositors and maintain financial stability. The letter also outlines the immediate steps for the bank's dissolution, including the appointment of a receiver and the assurance that depositors' funds would be transferred to a newly established bridge bank.

Read the Full GhanaWeb Article at:
[ https://www.ghanaweb.com/GhanaHomePage/business/Revocation-of-Licence-Read-the-letter-Bank-of-Ghana-sent-to-founder-of-defunct-UT-Bank-1974557 ]

Publication Contributing Sources