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News Headlines:

Notice Of Dormant Account Held By Ahafo Community Bank
25% corporate tax suffocating Rural Banks ... Apex Bank MD appeals for drastic reduction
RCBs urged to strengthen internal control and governance systems

>> Sunday 13 March, 2022

Notice Of Dormant Account Held By Ahafo Community Bank

The following persons have accounts with Ahafo Community Bank that have not been operated for a minimum of five (5) years and remain dormant in accordance with the Banks and Specialized Deposit-Taking Institutions Act, 2016 (Act 930).

>> Sunday 09 October, 2016

25% corporate tax suffocating Rural Banks ... Apex Bank MD appeals for drastic reduction

Until September 1, 2015, when the Ghana Revenue Authority (GRA) announced the new Income Tax Act 2015, (Act 896), the Rural and Community Banks (RCBs) were paying eight percent tax on their annual income, which was increased to 25 percent.