BoG Acted Rightly In Disapproving Smith-Graham’s Appointment As UMB Board Chair – Court
The High Court presided over by Justice Nana Brew dismissed an application for judicial review filed by George Smith-Graham, a former director of UMB Bank, […]
BoG
Change Your Business Models To Reduce NPLs – BoG To Savings And Loans Companies
The Bank of Ghana is advising savings and loans companies across the country to reassess their business models. Head of Banking Supervision Department at the […]
BoG Launches Centralised Forex Exchange Platform
The Bank of Ghana (BoG) has unveiled a centralised foreign exchange trading platform. In a statement signed by the Secretary to the Bank of Ghana, […]
Supreme Court Vindicates BoG In UniCredit Licence Revocation
The Supreme Court of Ghana has affirmed that the Bank of Ghana (BoG) acted within its legal rights when it revoked the operating licence of UniCredit Ghana […]
Police And BoG Shut Down Dek-Nock Investments For Unauthorized Deposit-Taking Activities
The Ghana Police Service, in collaboration with the Bank of Ghana, has shut down the operations of Dek-Nock Investments, which has branches in Nungua and Ashaiman within […]
Persons Implicated In Financial Sector Cleanup Not Fit To Hold Positions – BoG
The Bank of Ghana has indicated that persons who have been directly implicated in the 2017-2019 Financial Sector clean-up, and all previous directors of failed […]
BoG To Auction $120M To BDCs In Quarter 3, 2024
The Bank of Ghana would auction $120 million to Bulk Oil Distribution Companies (BDCs) in the third quarter of 2024. This will be same as […]
Prosecute Persons Implicated In Banking Sector Clean Up – BoG Governor To Govt
The Governor of the Bank of Ghana, Dr. Ernest Addison, has urged the government to take action against shareholders of banks and financial institutions implicated […]
$360m Third Tranche Of IMF Cash Hits BOG’s Account
Government has received US$360 million as the third tranche of Ghana’s bailout package with the International Monetary Fund (IMF). The cash meant for budget support […]
BoG Debunks Allegations Of Underreporting Remittance Inflows
The Bank of Ghana has clarified reports suggesting it has been underreporting remittance inflows. The Bank of Ghana has recently faced scrutiny regarding discrepancies in […]