US regulators close to punishing banks

U.S. bank regulators are finalizing punishments against mortgage servicers after a probe found "critical deficiencies" with the industry's foreclosure processes. John Walsh, the acting head of the Office of the Comptroller of the Currency,…

MASLOC now commercial oriented

The Micro-Finance and Small-Loans Centre (MASLOC), is now a fully commercially orientated small businesses financing entity. Mr Carlos de-Souza, a Lawyer with MASLOC told journalists in Ho, on Tuesday, that the centre has began prosecuting…

President Mills reshuffles Deputy Ministers

President John Evans Atta Mills on Tuesday reshuffled a number of Deputy Ministers and also made new appointments. A statement signed by Mr James Bebaako Mensah, Secretary to the President, named Mr Aquinas Quansah as Deputy…

Top UK official to visit Ghana

A top United Kingdom government official will visit Ghana from February 17-19, 2011 as part of a one week tour to the sub-region. According to a press release issued by the British High Commission in Accra and copied to…

MASLOC begins prosecution of loan defaulters

Ten out of the over 200 defaulters of the Micro-Finance and Small Loans Centre (MASLOC) credits, in the Ho Municipal Area, were on Tuesday, arraigned before the Ho Municipal Magistrate’s Court. They are Regina Amematekpor, Antie Addakey,…