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)

BoG injects more dollars into the economy

September 13, 2018 The Bank of Ghana (BoG) has stepped up its supply of United States (US) dollars to meet daily demands for foreign exchange as global pressures and the exit of investors from emerging...

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September 13, 2018 / Comments (0)

Local banks to receive gov’t cash…to meet GH₵400m capital by Dec 31

August 7, 2018 Government is to support ‘well-governed and managed’ local banks meet the new minimum capital requirement of GH₵400million set by the Bank of Ghana by December 31, 2018 deadline, Dr....

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August 7, 2018 / Comments (0)

Government, banking consultant back BoG move

August 2, 2018 Moments after the announcement of the revocation of the licences and subsequent merger of the five local banks by the Bank of Ghana (BoG), Banking Consultant, Nana Otuo Acheampong, backs...

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August 2, 2018 / Comments (0)