Business News of Tuesday, 17 November 2020Source: www.ghanaweb.comGhana Banking Code of Ethics to enforce ethical behaviour – Patricia Sapporplay videoPatricia Sappor, President of the Chartered Institute of BankersPresident of the Ghana Institute of Bankers has revealed plans to launch the Ghana Banking of Code of Ethics. The ethics code document is expected curb fraud-related cases within the banking sector which is often committed by banking and financial sector employees. She added that the Ghana Banking Code of Ethics will also boost risk management practices in the banking sector. In its 2019 Banking Industry Fraud Report, the central bank stated that while the overall number of fraud cases went up marginally, those committed by banks’ staff remained dominant. The report said the total number of cases reported was 2,295, with 1,667 of them committed by banks’ staff, either permanently employed or on contract.

Source: GhanaWeb November 17, 2020 15:22 UTC