GCB Bank Limited has held its 27th Annual General Meeting (AGM) via a virtual platform for its shareholders to consider and adopt the Reports of the Directors, Auditors and the Financial Statements for the year ended December 31, 2020. The...
Read moreThe Securities and Exchange Commission (hereinafter referred to as the “SEC”) is the statutory body mandated by the Securities Industry Act 2016 (Act 929) to promote the orderly growth and development of an efficient, fair, and transparent...
Read moreThe Securities and Exchange Commission is set to complete the asset management bailout programme, following the approval of GH¢5.5 billion by Parliament. In a statement, the SEC commended the government for supporting the Asset Management Cleanup...
Read moreThe Board of GCB Bank Limited has announced the appointment of Mr. Emmanuel Odartey Lamptey as the new Deputy Managing Director (DMD) – Operations. Mr Lamptey was sworn in as the DMD Operations and Executive Director of the Bank on...
Read moreThe Amalgamated Mutual Fund PLC has commenced cash payments under the partial bailout scheme to clients of the Fund Management Companies (FMCs) for which the Official Liquidator has yet to obtain Liquidation Orders from the courts. This follows...
Read moreThe Securities and Exchange Commission (SEC), acting within its mandate of protecting investors and the integrity of the market, wishes to announce the outcome of its deliberations with Government regarding an agreed social and humanitarian...
Read moreThe Board of GCB Bank Limited is pleased to announce the appointment of Mr. John Kofi Adomakoh as the new Managing Director (MD) of the Bank effective 9 November 2020. Mr. Adomakoh, an astute banker, replaces Mr. Anselm Ray Sowah, who ended his...
Read moreThe Registrar General has finally begun paying investors of liquidated Fund Management firms, whose funds have been locked up for a while. Joy Business understands that the payment begun yesterday, Friday 9th October, 2020, with the funds hitting...
Read moreThe first batch of locked-up investments funds in cash will be paid to the depositors [investors] on 23rd September of this month, according to the Official Liquidator, the Registrar General. Withdrawal from the fund [mutual fund] will...
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Read moreThe Akufo-Addo government has said it has committed an amount of GH¢3.1 billion “toward supporting investors in failed asset management companies regulated by the Securities and Exchange Commission (SEC)”. On 8 November 2019, SEC revoked the...
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