China bedevilled by a banking mess

China bedevilled by a banking mess

Chinese officials are now trying to clean up the banking system, but the process has led to headlines about troubled banks in different parts of the c...

The 7 Biggest Technology Trends To Disrupt Banking & Financial Services In 2020

The 7 Biggest Technology Trends To Disrupt Banking & Financial Services In 2020

Even though banking and financial services have been slower than other industries to adopt the latest technology into their operations, financial orga...

Banks now safe havens for depositors’ funds

Banks now safe havens for depositors’ funds

Following reforms to the banking sector, executed since the second half of 2017, the banks left in the industry are proving to be safe haven for depos...

How the SEC is making life easier for corporate America

How the SEC is making life easier for corporate America

WASHINGTON (Reuters) - Under the Trump administration, the Securities and Exchange Commission (SEC) has taken more than two dozen measures - including...

Bank lending rebounds at last

Bank lending rebounds at last

After more than two continuous years of contraction in bank credit to the economy Ghana’s banking industry has resumed growing its collective loan b...

Improved debt collection reduces banks’ NPLs by 300 million cedis – BoG report

Improved debt collection reduces banks’ NPLs by 300 million cedis – BoG report

The Non Performing Loans (NPLs) of banks have dropped by 4.2 percent between August 2018 and the same period in 2019. According to data from the Bank...

China's proposed digital currency more about policing than progress

China's proposed digital currency more about policing than progress

[SHANGHAI] As China prepares to become the first country to launch a digitised domestic currency, market participants and experts say it is a testamen...

Vantage Capital Provides €8.0 Million Mezzanine Facility to Equity Invest

Vantage Capital Provides €8.0 Million Mezzanine Facility to Equity Invest

CASABLANCA, Morocco, October 31, 2019/APO Group/ -- Vantage Capital (VantageCapital.co.za), Africa’s largest mezzanine fund manager, announced today...

BoG to pump US$ 25m onto FX market

BoG to pump US$ 25m onto FX market

The Bank of Ghana in coming weeks will issue onto the forex market a total of US$ 25 million, following a successful FX forward auction yesterday. A ...

China's financial hub moves to shut down P2P lending

China's financial hub moves to shut down P2P lending

[SHANGHAI] The regulator in China's financial centre has ordered Shanghai's more than 40 peer-to-peer (P2P) lenders to exit the business, people famil...