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UniBank
uniBank (Ghana) Limited, commonly known as uniBank, was an indigenous private bank in Ghana, West Africa. The bank was placed in administration in March 2018 and subsequently consolidated as part of the Ghana Government's handling of its banking crisis. The collapse was controversial as it involved allegations of trading insolvently, and 5 billion cedis in illegal and related party transactions, unlawful loans and illegal acquisition of bank assets by Directors and shareholders. Founded by a former governor of the Bank of Ghana, uniBank was one of the thirty-five commercial banks licensed to operate in Ghana. Overview uniBank was a tier one financial services provider, in 2013 the bank's total assets were valued at approximately US$433 million (GHS:1.3 billion), with shareholders' equity of approximately US$50 million (GHS:151 million). The bank was placed under administration on 20 March 2018 as part of Ghana's ongoing banking crisis. It was subsequently placed in receivers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consolidated Bank Ghana
Consolidated Bank Ghana (CBG) is a commercial bank in Ghana. It is licensed by the Bank of Ghana, the central bank and national banking regulator. Location The headquarters and main branch of the bank are located on the First Floor, Manet Tower 3, Airport City, Accra. This location is immediately west of Kotoka International Airport. The geographical coordinates of the headquarters of CBG are:05°35'59.0"N, 0°10'38.0"W (Latitude:5.599722; Longitude:-0.177222). Overview Consolidated Bank Ghana Limited (CBG) is a large financial services organization, serving large corporations, high net-worth individuals, non-governmental organizations, regular customers and small and medium sized enterprises. As of 31 December 2021, the bank had total assets of GHS:10,751,164,000 (US$1,449,578,900), with shareholders' equity of GHS:801,545,000 (US$108. 1 million). As of October 2019, CBG had 114 branches, 119 ATMs and approximately one million customers. History In September 2017, the Bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ghana Banking Crisis
The Ghana banking crisis was a severe banking crisis that affected Ghana between August 2017 and January 2020. The Bank of Ghana (BoG) allowed several indigenous banks to be taken over by private companies between August 2017 and January 2019 after Nana Akufo-Addo was elected president in December 2016. Most of the indigenous banks had been at the risk of defaulting on their loans, as they had been affected by the economic fallout of the Great Recession, which caused the events leading up to the Arab Spring that occurred in North Africa beginning in 2010. The crisis is the most severe economic crisis to affect Ghana since it became an independent country in 1960. The COVID-19 pandemic arrived in Ghana towards the end of the banking crisis in 2020, dealing further damage to the country's economy. Background On 14 August 2017, the BoG in its press release announced its approval for the takeover of two indigenous banks, UT Bank LTD and Capital Bank LTD, by GCB Bank LTD. BoG cited ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Ownership
Private property is a legal designation for the ownership of property by non-governmental Legal personality, legal entities. Private property is distinguishable from public property and Personal property, personal property, which is owned by a state entity, and from Collective ownership, collective or cooperative property, which is owned by a group of Non-governmental organization, non-governmental entities. Private property is foundational to capitalism, an economic system based on the private ownership of the means of production and their operation for Profit (economics), profit. The distinction between private and personal property varies depending on political philosophy, with socialist perspectives making a hard distinction between the two. As a legal concept, private property is defined and enforced by a country's political system. History Ideas about and discussion of private property date back to the Persian Empire, and emerge in the Western tradition at least as far ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Northern Region (Ghana)
The Northern Region is one of the sixteen regions of Ghana. It is located in the north of the country and was the largest of the sixteen regions, covering an area of 70,384 square kilometres or 31 percent of Ghana's area until December 2018 when the Savannah Region and North East Region were created from it. The Northern Region is divided into 14 districts. The region's capital is Tamale. Geography and climate Location and size The Northern Region is bordered on the north by the North East region, on the east by the eastern Ghana-Togo international border, on the south by the Oti region, and on the west by the Savannah Region. Northern region is made up of 14 districts. Climate and vegetation The Northern Region is a Guinea Savanna grassland. The vegetation consists predominantly of grassland, especially savanna with clusters of drought-resistant trees such as baobabs or acacias. Between January and March is the dry season. The wet season is between about July and December ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eastern Region (Ghana)
The Eastern Region is located in south Ghana and is one of the sixteen administrative regions of Ghana. Eastern region is bordered to the east by the Lake Volta, to the north by Bono East Region and Ashanti region, to the west by Ashanti region, to the south by Central region and Greater Accra Region. Akans are the dominant inhabitants and natives of Eastern region and Akan, Ewe, Krobo, Hausa and English are the main spoken languages. The capital town of Eastern Region is Koforidua.The Eastern region is the location of the Akosombo dam and the economy of the Eastern region is dominated by its high-capacity electricity generation. Eastern region covers an area of 19,323 square kilometres, which is about 8.1% of Ghana's total landform. Hydro project High-capacity electricity generation Akosombo Hydroelectric Project contains three main tributaries: the Black Volta; the White Volta and the Red Volta and the Akosombo Hydroelectric Project flows into the Gulf of Guinea on the Atl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Western Region (Ghana)
The Western Region is located in south Ghana, spreads from the Ivory Coast ( Comoé District) in the west to the Central region in the east, includes the capital and large twin city of Sekondi-Takoradi on the coast, coastal Axim, and a hilly inland area including Elubo. It includes Ghana's southernmost location, Cape Three Points, where crude oil was discovered in commercial quantities in June 2007. The region covers an area of 13,842 sq. km, and had a population of 2,060,585 at the 2021 Census. The Western Region enjoys a long coastline that stretches from South Ghana's border with Ivory Coast to the Western region's boundary with the Central Region on the east. The Western Region has the highest rainfall in Ghana, lush green hills, and fertile soils. There are numerous small and large-scale gold mines along with offshore oil platforms dominate the Western Region economy. The culture is dominated by the Akans; the main languages are Akan, French and English. Tourism The la ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ashanti Region
The Ashanti Region is located in southern part of Ghana and it is the third largest of 16 administrative regions, occupying a total land surface of or 10.2 percent of the total land area of Ghana. In terms of population, however, it is the most populated region with a population of 4,780,380 according to the 2011 census, accounting for 19.4% of Ghana's total population. The Ashanti Region is known for its major gold bar and cocoa production. The largest city and regional capital is Kumasi. Geography Location and size The Ashanti Region is centrally located in the middle belt of Ghana. It lies between longitudes 0.15W and 2.25W, and latitudes 5.50N and 7.46N. The region shares boundaries with six of the sixteen political regions, Bono, Bono East and Ahafo Regions in the north, Eastern region in the east, Central region in the south and Western region in the South west. The region is divided into 27 districts, each headed by a District Chief Executive. Economy Tourism ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company is divided, or these shares considered together" "When a company issues shares or stocks ''especially AmE'', it makes them available for people to buy for the first time." (Especially in American English, the word "stocks" is also used to refer to shares.) A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mobile Banking
Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet. Unlike the related internet banking it uses software, usually called an app, provided by the financial institution for the purpose. Mobile banking is usually available on a 24-hour basis. Some financial institutions have restrictions on which accounts may be accessed through mobile banking, as well as a limit on the amount that can be transacted. Mobile banking is dependent on the availability of an internet or data connection to the mobile device. Transactions through mobile banking depend on the features of the mobile banking app provided and typically includes obtaining account balances and lists of latest transactions, electronic bill payments, remote check deposits, P2P payments, and funds transfers between a customer's or another's accounts. Some apps also enable copi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Internet Banking
Online banking, also known as internet banking, web banking or home banking, is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website. The online banking system will typically connect to or be part of the core banking system operated by a bank to provide customers access to banking services in addition to or in place of traditional branch banking. Online banking significantly reduces the banks' operating cost by reducing reliance on a branch network and offers greater convenience to some customers by lessening the need to visit a branch bank as well as the convenience of being able to perform banking transactions even when branches are closed. Internet banking provides personal and corporate banking services offering features such as viewing account balances, obtaining statements, checking recent transactions, transferring money between accounts, and mak ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Atta Mills
Atta or ATTA may refer to: * Atta Halilintar, Indonesian YouTuber, singer and entrepreneur * ''Atta'' (ant), a genus of ants in the family Formicidae * ''Atta'' (novel), a 1953 novel by Francis Rufus Bellamy * Atta flour, whole wheat flour made from durum wheat commonly used in South Asian cooking * Atta (Buddhism), Pali for "self" or "soul", central to the core Buddhist concept of Anatta, no-self * Atta, Jalandhar, a village in India * ATTA, acronym of Akabar n Tagrawla d Tanemla Amazigh, or Berber Socialism and Revolution Party * A group of Lumad peoples * Princess Atta, a character from the Disney and Pixar film ''A Bug's Life'' * Ata (name) Ata is the anglicized form of several names in several languages around the world. * In Turkish, Ata is a masculine given name meaning " Forefather". * In Hebrew, Ata () means "you". * In Ogba, Ata means “child”. * In Arabic, () is a name m ..., people with the first name or family name, sometimes spelled ''Atta'' See also * Attar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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