Banks in Ghana

Banks and Saving banks in Ghana



Ghana's banking system has been the tool former governments have used to develop the economy. Talking about banking institutions, the Bank of Ghana is the central bank in the country, and it is the ruler of the system, following international norms.

 

In the past, banks only worked for a few elite, and their functions were just investing in banks. Now this situation has changed and now banks are open to everyone, meaning they have new products and poor people in Ghana can also have their money in banks.  Almost 10% of the population have their money in those commercial banks.

 

Banks have become more efficient and competitive, the financial system now is more diversified than before since it has 26 banks operating in the country. Half of them are controlled by Ghanaians, and the other 50% are foreign; Nigeria has one of the strongests and the largest sectors in Africa (Access Bank Ghana, for example, is a Nigerian Bank with branches in the country). Agricultural Development Bank of Ghana, CAL Bank, Barclays Bank or Bank of Africa are examples of banks operating in the country. That landscape of an increasing banking system has made it more competitive, and concentration of assets in few banks is declining year after year.

Showing 4 Banks in Ghana


Banco Comercial Internacional Ghana

Banco Comercial Internacional Ghana Limitado

Banco Comercial Internacional Accra-chana

Banco Internacional De Africa Occidental Biao

News related with Ghana Banks


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Merge to meet GHC400m minimum capital requirement – BoG to banks - GhanaWeb

... GHC400m minimum capital requirement – BoG to banksGhanaWebSpeaking at the maiden edition of the Ghana SME CEOs summit in Accra on M...

 

Ghana: Banks Base Rate Falls Marginally - allAfrica.com - AllAfrica.com

... rates have lowered marginally compared to a month ago.Average base rate of banks drops to 25.7% - Prime News Ghana ...Primenewsghanaall 2 news articles »...

 

Conference to educate banks to leverage Green Financing - Ghana News Agency

... 20, GNA - The Green Financing Conference for Small and Medium scale Enterprises (SMEs) to be held in Accra this week will seek to educate stakeholders in the financial sector to take advantage of the benefits of green financing to ensure a ......

 

We have adequate dollars to stabilise cedi - Bank of Ghana - GhanaWeb

... assured the general public and businesses not to panic because it has enough dollars to meet their demands and support the cedi. The assurance follows what has been described as sustained depreciation of the cedi over the ...and more »...

 

Government to implement Ghana Business Regulatory Reform Programme - Ghana News Agency

... Reform ProgrammeGhana News AgencyDr Maxwell Opoku-Afari, first Deputy Governor, Bank of Ghana said early this year, the Central Bank had to address some challenges in the banking sector to avoid potential spill-over effects by closing down two banks. “And as part of comprehensiv...

 

Mad rush for police recruitment forms at GCB Bank - Graphic Online

... of various branches of the GCB Bank were flooded on Monday with young men and women who formed long queues to purchase vouchers for recruitment into the Ghana Police Service. As early as 6.am, some of youth were ...and more »...

 

 

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