Community Banks flag GH¢5m capital requirement challenges after conversion
The Association of Community Banks says its members have begun taking steps to comply with new regulatory timelines under the ...
Tag: rural banks
All 147 Rural Banks converted to Community Banks
The Bank of Ghana (BoG) has officially converted all Rural and Community Banks into Community Banks in a major ongoing ...
All Rural Banks to become Community Banks from March 31
Barring any last-minute regulatory forbearance, all Rural Banks are expected to transition into Community Banks effective Tuesday, March 31, 2026, ...
Rural Banks to be converted into Community Banks by March 31
All existing Rural Banks have been directed to convert into Community Banks by March 31, 2026, as the Bank of ...
CEOs of rural banks plead with BoG to reconsider tenure directive
Chief Executive Officers of Ghana’s 147 Rural and Community Banks (RCBs) have made a passionate appeal to the Bank of ...
Industrial and Commercial Workers’ Union laments board interference in rural banks
The General Secretary of the Industrial and Commercial Workers’ Union (ICU), Ghana, Mr. Morgan Ayawine, has expressed serious concerns over ...
Gov’t committed to strengthening rural banks – ARB APEX Bank
The Deputy Managing Director of ARB APEX Bank, Mr. Alex Kwasi Awuah, has reassured Ghanaians of government’s commitment to strengthening ...
BoG gives rural banks, microfinance companies 2020 deadline to recapitalize
The Bank of Ghana has given rural and community banks and microfinance institutions up to February 2020 to meet their ...
BoG gives rural banks, MFIs February 2020 to meet capital requirements
The central bank has given rural and community banks and microfinance institutions up to February 2020 to meet their respective ...
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