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1-10 results from 118 for query «unibank»

March 31, 2018 7:43 AM #HarvestPraise2018 held at the Fantasy Dome in Accra [Photos]

The mother of all gospel concerts in Ghana, Harvest Praise was held the Fantasy Dome at the Trade Fair Centre in Accra yesterday. Dubbed the Bigger, Better and Greater edition of the concert, Harvest Praise paraded the hottest gospel music stars on stage to minister through music and worship. The Harvest International Ministries Campus Choir was in their 491

March 28, 2018 6:28 AM EOCO invites UT, Capital Bank directors over collapse

Former Directors of defunct UT Bank will this morning [Wednesday], appear before the Economic and Organized Crime Office (EOCO) to answer questions on their roles in the bank’s collapse. This follows findings of an investigative report on the collapse of the bank which was submitted to the Bank of Ghana. The Bank of Ghana in August 2017, revoked the licences 120

March 21, 2018 12:02 PM Nine other banks could collapse if… – Banking Consultant

A credit consultant, Emmanuel Akrong has predicted that nine of the over 30 banks in Ghana could collapse if nothing is done immediately to save them. Although he failed to name the ailing financial institutions, he said those banks have serious asset quality challenges which have affected their capital strengths and may force them into insolvency along 103

March 20, 2018 4:39 PM KPMG takes over management of uniBank

The Bank of Ghana has announced that it has appointed audit firm, KPMG as administrator for uniBank. This means that the central bank has taken over the assets and management of uniBank. The Governor of the Bank of Ghana, Dr. Ernest Addison says uniBank is currently insolvent. Addressing a press conference in Accra, Dr. Ernest Addison stated that KPMG has been appointed 120

March 9, 2018 6:00 AM Journalists cautioned against misreporting financial issues

The Director-General of the Securities and Exchange Commission (SEC) Rev Daniel Ogbarmey Tetteh has advised financial journalists in Ghana to remain objective in their reportages on financial issues in the country and not present themselves as experts. Speaking on the role of financial journalists in the capital market at a training workshop for journalists 120

March 7, 2018 1:05 PM We haven’t approved ADB, Unibank takeover – BoG

The Bank of Ghana has stated that it has not approved a purported takeover of ADB by Unibank. According to the Governor of the Central bank, Dr. Ernest Addison, the outfit is yet to consider any such decision. Unibank is set to assume a controlling interest in ADB after a consortium of shareholders pledged their shares, proceeds, entitlement and voting 68

March 7, 2018 11:57 AM Unibank moves to control majority interest in adb

Unibank has confirmed to Citi News that it has gone into a transaction with four major shareholders of Agricultural Development Bank (adb) that has effectively given majority control of the state bank. It says the move follows the pledging of shares and voting rights of the consortium of shareholders in adb Bank. But speaking on the Citi Breakfast Show on Wednesday 127

January 6, 2018 12:11 PM Alhaji Bature’s death a great loss to NDC – Mahama

Former president John Dramani Mahama has eulogized the late Alhaji Bature Iddrisu describing his death as a great loss to the National Democratic Congress (NDC). Alhaji Bature, who was an outspoken political commentator and a known member of the opposition NDC, died on Friday, January 4, at the Korle Bu Teaching Hospital, where he had been on admission 97

January 6, 2018 11:04 AM Alhaji Bature to be buried today

The Managing Editor of the Al-Hajj newspaper, Alhaji Bature Iddrisu, who passed away on yesterday, Friday will be buried today, Saturday, January 6, 2018 in line with Islamic tradition. Alhaji Bature, who was also an outspoken political commentator and a known member of the opposition National Democratic Congress (NDC), according to a statement from his family 88

December 12, 2017 11:57 AM Unibank moves to add over GHS700m to its capital

One of Ghana’s most stable indigenous banks, Unibank, is to obtain a colossal amount of over GHS700 million. The amount, which will significantly shore up the bank’s capital when the Central Bank approves the recapitalisation programme it is embarking on, will peg the bank’s assets at almost a billion cedis. The over GHS700 million is coming from a local 76