BoG to take action on financial institutions that cannot pay depositors’ funds.

November 2, 2018 The Bank of Ghana says it will soon close down microfinance institutions and savings and loans companies that cannot payback returns to customers. According to the Central Bank, the reform...

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November 2, 2018 / Comments (0)

Government working to ensure safe, secure banking sector

October 30, 2018 The government is working to ensure that the banking sector is safe and secure, an Economic Advisor to the Minister of Finance, Mr. Sampson Akilgoh, has said. “The systems we have put in...

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October 30, 2018 / Comments (0)

BoG holds key for reduction in fuel prices – GOIL

October 18, 2018 The Ghana Oil Company Limited (GOIL) on Monday asserted that the Bank of Ghana holds the key for reduction in the prices of fuel which is on the upper trajectory. Mr. Alex Josiah Adzew,...

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October 18, 2018 / Comments (0)

Ghana Stock Exchange closes week in the red

October 16, 2018 The Ghana Stock Exchange (GSE) closed the second trading week of October in the red as selling pressures in blue-chip companies weighed on the equity indices. At the closing bell, the GSE...

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October 16, 2018 / Comments (0)

Senior Minister leads government delegation to World Bank/IMF meetings

October 15, 2018 Senior Minister, Yaw Osafo Maafo, is leading Ghana’s delegation attending the World Bank/IMF Annual Meetings in Bali, Indonesia. The meeting, which lasts from October 8-14, 2018, is...

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October 15, 2018 / Comments (0)

Recapitalisation will strengthen indigenous banks

October 10, 2018 A banking consultant, Nana Otuo Acheampong, has said he is optimistic that the successful completion of the recapitalisation of banks in December this year will place indigenous banks on a...

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October 10, 2018 / Comments (0)

BoG supports listing of banks as 9th bank issues IPO

October 9, 2018 A successful public floatation of the shares of  Energy Commercial Bank (ECB) will bring to GH¢1 billion, the amount  raised through the Ghana Stock Exchange (GSE) this year, after three...

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October 9, 2018 / Comments (0)

Strong local banks ready to compete — BoG

October 8, 2018 Indigenous banks with strong balance sheets and untainted by the collapse of the seven (7) poorly-governed banks are strong, innovative and ready to compete, Governor of the central bank,...

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October 8, 2018 / Comments (0)

Bank of Ghana inaugurates Data Centre

October 4, 2018 The Governor of the Bank of Ghana, Dr. Ernest Addison has inaugurated a Data Center, in Kumasi, He said the establishment of the Data Centre and Disaster Recovery Site, demonstrates the...

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October 4, 2018 / Comments (0)

We have strong local banks — Dr. Ishmael Yamson

October 2, 2018 A management consultant and retired Board Chairman of Standard Chartered Bank Ghana Limited, Dr Ishmael Yamson, has stated that the efforts by the Bank of Ghana (BoG) to clean the banking...

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October 2, 2018 / Comments (0)