Bank of Ghana
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GEA sets up department to support MSMEs

August 9, 2021 The Ghana Enterprises Agency (GEA) has established a financial services department (FSD) to design solutions that can help address bottlenecks hindering micro small medium enterprises...

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August 9, 2021 / Comments (0)

Supreme Court rules the BoG’s corporate governance directive is lawful

August 3, 2021 The Supreme Court has dismissed a case filed by the Association of Finance House challenging the Bank of Ghana for issuing corporate governance directives for financial institutions, ruling...

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August 3, 2021 / Comments (0)

BoG keeps policy rate over increasing debt stock, inflation

July 27, 2021 The Monetary Policy Committee (MPC) of the Central Bank has maintained the policy rate at 13.5 percent, as concerns over rising debt stock and heightened risk to inflation keep dominating...

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July 27, 2021 / Comments (0)

Sanity and confidence in banking industry improved significantly – BoG

July 21, 2021 The Bank of Ghana has reiterated that sanity and confidence in the banking industry has improved significantly due to the Corporate Governance directive introduced in 2018 and some other...

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July 21, 2021 / Comments (0)

BoG’s digital currency not crypto currency – Banking consultant

July 16, 2021 Contrary to some views that the Bank of Ghana is set to introduce crypto currency into the economy, Banking Consultant Nana Otuo Acheampong has explained that the electronic digital...

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July 16, 2021 / Comments (0)

BoG directs banks on environmental risks

July 15, 2021 The Bank of Ghana (BoG) has directed banks and other financial institutions to put in place robust environmental and social (E&S) risk management practices to ensure sustainability. The...

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July 15, 2021 / Comments (0)

BoG to pilot digital cedi in September

July 12, 2021 The Bank of Ghana will in September, this year, pilot the digital cedi, the First Deputy Governor, Dr Maxwell Opoku-Afari, has hinted. This, he said, formed part of the BoG’s agenda of...

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July 12, 2021 / Comments (0)

BoG, Police pursue exporters over export receipts

June 23, 2021 The Bank of Ghana (BoG) and the Criminal Investigation Department of the Ghana Police Service are on the heels of over 100 exporters over Letters of Commitment (LOC) infractions. According...

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June 23, 2021 / Comments (0)

BoG abolishes seven nuisance bank fees & charges

June 21, 2021 The central bank has abolished seven nuisance fees and charges as well as other practices in the banking sector, in a bid to ensure that the interests of customers of banks and Specialised...

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June 21, 2021 / Comments (0)

BoG adds gold purchase to shore up foreign reserves

June 18, 2021 The Bank of Ghana has introduced a domestic gold purchase programme which is aimed at diversifying the traditional means by which the country builds its foreign exchange reserves, governor...

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June 18, 2021 / Comments (0)