No new banking applications yet — Bank of Ghana

September 25, 2019 The Bank of Ghana (BoG) has stated that it is not processing any application for a fresh banking licence to new entrants into the banking sector. The Governor of the BoG, Dr Ernest Addison,...

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September 25, 2019 / Comments (0)

June inflation drop makes case for policy rate cut

July 11, 2019 The general price levels of goods and services, for the second time since beginning of the year, has seen another drop – making a strong case for the central bank to consider a policy...

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July 11, 2019 / Comments (0)

Private sector credit gains momentum

April 2, 2019 Private sector credit growth is beginning to gain momentum stemming from improved liquidity position of the banks on the back of recapitalization exercise, the Bank of Ghana (BoG) has...

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April 2, 2019 / Comments (0)

Central bank stays policy rate on inflation scare

July 24, 2018 After inflation inched up for two consecutive months (May and June), the central bank has decided, at its latest monitoring policy meeting, to maintain its policy rate at 17percent, as a...

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July 24, 2018 / Comments (0)