BoG maintains policy rate to keep investor interest

November 27, 2019 The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has, once again, maintained the policy rate at 16 percent, as it fears investors will look for other alternate markets that...

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November 27, 2019 / Comments (0)

We need deposit insurance schemes to maintain financial stability- BoG boss

November 21, 2019 The Governor of the Bank of Ghana Dr. Ernest Addison has emphasized the need for the country to adopt deposit insurance schemes to curtail potential effects of bank failures on state...

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November 21, 2019 / Comments (0)

BoG withdraws licences of 9 banks-Injects GH¢12bn to protect depositors

January 8, 2019 The Bank of Ghana (BoG) has completed a major clean-up of the banking sector, in the course of which the licences of nine banks have been withdrawn and over GH¢12 billion spent to protect...

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January 8, 2019 / Comments (0)

Bank of Ghana could cut interest rates by March – Dr. Ernest Addison

December 13, 2018 Ghana could cut interest rates early next year if inflation continues to drift lower, the central bank Governor said on Tuesday. “I can easily see the policy rate going further down,”...

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December 13, 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)

Bank of Ghana moves to get all banks listed on the Ghana Stock Exchange

October 4, 2018 The Bank of Ghana is revising its policies and guidelines that will make it easier for all banks to list on the Ghana Stock Exchange. Governor of the Central Bank, Dr. Ernest Addison, in a...

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October 4, 2018 / Comments (0)

BoG cautiously stays policy rate at 17%

September 25, 2018 The Monetary Policy Committee (MPC) of the Bank of Ghana has decided against increasing the policy rate although it concedes that prevailing market conditions would have justified a raise...

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September 25, 2018 / Comments (0)

19 Banks meet new capital requirement

September 25, 2018 With three months left to the deadline for banks to recapitalise to GH₵400 million, 19 out of the 30 universal banks in the country have fully met the requirement. The Governor of the...

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September 25, 2018 / Comments (0)