BoG asked to push commercial banks to increase CFA trading … To boost economic activities with Francophone neighbours

October 15, 2020 Transit shippers have appealed to the Bank of Ghana (BoG) to impress on commercial banks operating in the country to accept financial transactions in CFA, a move that would greatly help...

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October 15, 2020 / Comments (0)

BoG picks Central Bank of the Year award

October 15, 2020 The Bank of Ghana (BoG) has been honoured at the seventh Central Banking Awards. The Governor of the BoG, Dr Ernest Addison received the Central Bank of Year award on behalf of the...

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October 15, 2020 / Comments (0)

Stop selling Ghana cedi or be prosecuted – Bank of Ghana

October 2, 2020 The Bank of Ghana (BoG) has warned businesses and the general public to desist from selling Ghana’s currency, the cedi and pesewa coins or face prosecution. It said such an act was...

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October 2, 2020 / Comments (0)

Bank of Ghana maintains policy rate for 3rd consecutive time at 14.5%

September 29, 2020 The Monetary Policy Committee of the Bank of Ghana has maintained the policy rate at 14.5 percent after a similar decision in May and July of this year. This makes it the third consecutive...

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September 29, 2020 / Comments (0)

We’ve put enough measures in place to stabilize cedi – BoG Governor

September 29, 2020 Governor of the Bank of Ghana, Dr. Ernest Addison has expressed confidence in the ability of the local currency to continue with its impressive streak of relative stability in the short to...

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September 29, 2020 / Comments (0)

We’ve put in stringent measures to minimize fraud – Ghana Assoc. of Bankers

September 9, 2020 The President of the Ghana Association of Bankers, Alhassan Andani, has assured the general public of safety within the banking sector despite the increase in fraud cases. This follows new...

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September 9, 2020 / Comments (0)

33 % reduction in trade surplus recorded for first half of 2020

September 8, 2020 Ghana’s total exports for the first 6 months of 2020 exceeded its imports by 963 million dollars. That’s according to the latest statistical figures from the Bank of Ghana. Trade...

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September 8, 2020 / Comments (0)

Remittances into Ghana shoot up despite impact of COVID-19 on jobs abroad

August 26, 2020 Data from the Bank of Ghana made available to Citi Business News shows that the flow of remittances into the country went up marginally within the first half of the year, compared to the...

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August 26, 2020 / Comments (0)

BoG orders police vetting of bank staff to curtail fraud

August 17, 2020 To reduce the alarming cases of staff-orchestrated fraud in banks, the regulator – Bank of Ghana – has ordered banks to take a raft of measures, which include taking staff through...

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August 17, 2020 / Comments (0)

Locals banks now more resilient, able to support economic growth agenda – Finance Minister

August 7, 2020 The Finance Minister, Ken Ofori-Atta, says the banking sector reforms undertaken by the government in 2017 and 2018, has strengthened local banks, making them more resilient to shocks....

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August 7, 2020 / Comments (0)