BoG Releases List Of Unapproved Money Transfer Organisations
The Bank of Ghana has cautioned the general public to desist from dealing with unapproved Money Transfer Organisations (MTOs). In a statement, the BoG said […]
BoG
Be Careful Whom You Guarantee Loans For – BoG To Consumers
The Bank of Ghana is advising consumers to be wary of whom they guarantee loans for. According to the Central Bank, the guarantor will be […]
We Are Always Ready To Tame Inflation – BoG
The Bank of Ghana has indicated its readiness to respond appropriately to tame inflation should consumer prices go up in the coming months. Speaking at […]
T-Bills Auction: Interest Rates Up For 36th Week Running; Government Records 33% Oversubscription
Interest rates went up for the 36th week running as the increasing cost of borrowing will bite the government in the future. The yield on the […]
Fitch Predicts Increase In BoG’s Foreign Reserves To $7.7Bn In 2025
Ratings agency, Fitch, is predicting an increase in the Bank of Ghana’s foreign reserves to $7.7 billion in 2025, from $4.4 billion in 2022. This […]
T-bills Now Constitute Banks Largest Investment Portfolio; Increase To 51% From 17.8% – BoG
Investment in treasury bills now constitutes banks largest investment portfolio the Bank of Ghana has revealed in its September 2023 Monetary Policy Report. According to […]
Banks Write Off ¢2.416Bn As Bad Loans As Of August 2023
Banks wrote off ¢2.416 billion as bad debt in the first eight months of this year, 36.4% increase over the previous year, highlights of Banks […]
Finance Ministry, BoG Set Up Financial Oversight Desk At COCOBOD
Finance Minister, Ken Ofori-Atta confirmed to Joy News the establishment of a monitoring desk by the Ministry of Finance and the Bank of Ghana (BoG) […]
T-Bills Auction: Interest Rates Hit 33.01%; Government Records 24.5% Oversubscription
Interest rates shot up on the money market to hit 33.01%. This is coming despite the government recording a 24.5% oversubscription of Treasury bill sales […]
BoG Has Done No Wrong, Deal With Finance Ministry – Nana Otuo Acheampong To Minority
Banking Consultant, Nana Otuo Acheampong has jumped to the defense of the Bank of Ghana and its governors. According to him, the Governor of the […]