UBA Bank Archives - Ghana News Express

The Bank of Ghana has suspended the Foreign Exchange Trading Licence of United Bank for Africa (UBA) Ghana, effective September 18, 2025, for a period of one month. The decision, taken in accordance with section 11(2) of the Foreign Exchange Act, 2006 (Act 723), follows multiple breaches of the country’s foreign exchange market regulations. According to the central bank, UBA Ghana engaged in unauthorised remittance activities with three Payment Service Providers (PSPs) – Halges Financial Technologies Limited, Cellulant Limited, and Flutterwave Inc. – on behalf of Money Transfer Operators (MTOs), namely Top Connect, Send App, Taptap Send, Remit Choice, and Afriex. The Bank of Ghana noted that these actions contravened the Updated Guidelines for Inward Remittance Services by Payment...

The Akenten Appiah-Menka University of Skills Training and Entrepreneurial Development (AAMUSTED)hosted a Financial Literacy Summit to equip students with practical knowledge on money management and the broader economy. Held under the theme “Financial Fitness: Building Wealth and Securing Your Future,” the 2025 summit brought together students, faculty, and key stakeholders committed to fostering financial empowerment among the youth. The summit was supported by UBA Ghana. The bank’s involvement aligns with the empowerment core value of the UBA Foundation. Representing UBA were the Branch Manager and selected staff from the Tanoso Business Office in Kumasi. Priscilla Boateng, Business Manager at the Tanoso Business Office, spoke on the importance of having a savings account, ou...

Tag: UBA Bank

Bank of Ghana Suspends UBA Ghana’s Forex Trading Licence Over Regulatory Breaches

UBA Supports AAMUSTED Financial Literacy Summit to Empower Students with Money Management Skills