Ghana Banking Sector

Consolidated Bank Ghana has denied rumors of its sale, assuring customers that it remains fully owned by the government and financially stable.

Dr. Papa Kwesi Ndoum demands the Ghanaian government repay GH₵7.1 billion owed to GN Bank and restore its banking license amidst ongoing legal battles.

In a groundbreaking decision, the court empowers ADB and five other banks to seize PBC Ltd’s assets, including its headquarters, due to unresolved debts.

Accra court dismisses Dr. Nduom’s case against BoG, affirming the lawful revocation of GN Bank’s license in the public interest.