The Bank of Ghana (BoG) has reminded the public that individuals who repeatedly issue dud cheques face a three-year ban from issuing fresh cheques. Such persons will be denied access to new credit facilities within the banking and financial system. The reminder was contained in revised regulatory directives issued by the central bank on June 24, 2026. BoG, however, clarified that affected customers would still be allowed to receive funds into their accounts and carry out other electronic transactions. All Banks and Specialised Deposit Taking Institutions will be notified about this ban,” the notice stated. The central bank added that banks and SDIs must notify affected customers within five working days after receiving notice of the ban and recall all unused cheque books. BoG also disclosed that it will publish the names of customers who become third-time offenders. Customers who fail to return unused cheque books within ten working days will be reported to the Bank of Ghana. Suc...
Prudential Bank has rolled out a comprehensive, fully funded health screening exercise for its employees, reinforcing its belief that a healthy workforce is the bedrock of dependable banking. The initiative, running this month in partnership with Bob Freeman Hospital, an SIC-owned health facility, is part of the Bank’s Wellness Month and reflects a strategic shift from treating issues to catching it early, before it becomes a crisis. The timing of the screening, deliberately scheduled during June, which is globally recognised as Wellness Month, underlines the Bank’s dedication to preventive care rather than reactive treatment. Speaking on the importance of this exercise, Head of Human Resources, Lilian Antwiwaa Asante emphasised that the Bank believes that its people are its greatest asset and that the health of staff is not just a personal matter, but a strategic priority. “We want every staff member to know their numbers, catch potential issues early and then see how we can all ...