BoG Increases Minimum Paid Up Capital Of Credit Bureaus To GH₵6M
The Bank of Ghana (BoG) has increased the minimum paid up capital for existing and new Credit Bureaus to ₵6,000,000 from ₵500,000. This represents 1,100 […]
Bank of Ghana
Private Sector Credit Growth Hits Four-Year Low – BoG Report
Challenges facing the banking sector have taken a toll on businesses, with private sector credit dropping to a four-year low according to Bank of Ghana […]
BoG Undecided On eCedi Roll-Out
The Bank of Ghana (BoG) has yet to decide a roadmap for the eCedi roll-out, despite a successful completion of the pilot last year, Head-FinTech and Innovation, […]
Ghana Lost $6.3 Billion In Reserves In 2 Years
A country’s Gross International Reserves (GIR) includes the US dollar value of holdings of foreign exchange, special drawing rights, reserves position in the IMF, and […]
Banking Sector Experienced Improved Performance In First Half Of 2023 – BoG Governor
Governor of the Bank of Ghana (BoG), Dr Ernest Adison, has said that the banking sector data for the first half of 2023 reflected some […]
BoG Talks Up Importance Of Financial Integration
The Bank of Ghana (BoG) Governor, Dr. Ernest Addison, has underscored the crucial role factors such as comprehensive and harmonised financial data will play in achieving enhanced economic […]
The Bank Of Ghana And Lending To The Government: Some Checks And Balances
The Bank of Ghana has defended its breach (in 2022) of the limit on lending to the government by appealing to section 30(6) of the […]
Bank Of Ghana’s Vital Task Of Guiding Inflation Back To 8% Target Is Not Hindered – IMF Resident Rep.
The International Monetary Fund (IMF) Resident Representative in Ghana, Dr. Leandro Medina, has said that the Bank of Ghana’s task of guiding inflation back to […]
GHS60.8Bn Wasn’t Money Lost By BoG Through Its Operations In 2022 – Governor
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said the GHS60.8billion loss reported was a technical loss arising from the haircut and […]
US$250m For Bank Of Ghana Building! I’ll Demolish It If…….Dormaahene
The paramount Chief of the Dormaa Traditional Area Osagyefo Oseadeeyo Dr. Agyemang Badu II has spoken out against the Central Bank’s new head office […]