Liquidity support

No Bank Has Asked For Liquidity Support – BoG

No Bank Has Asked For Liquidity Support – BoG

The Governor of the Bank of Ghana (BpG) Dr Ernest Addison has said that at the moment no bank in Ghana has applied for liquidity support from the central bank. He however said the BoG stands ready to provide liquidity support to banks that ask for it but that will be done within the rules governing liquidity assistance. Answering questions during the 112th Monetary Policy Committee (MPC) press conference in Accra on Monday, May 22, Dr Addison said “we have not had any bank ask for liquidity assistance partly because of the regulatory reliefs that we gave them. “We reduced the reserve requirement as…
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