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 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)

Bank of Ghana still working to introduce digital currency – Deputy Governor

July 6, 2021 Plans are far advanced for the Bank of Ghana to introduce a digital currency, according to a Deputy Governor of the Bank of Ghana, Elsie Addo Awadzi. Last month, the central bank announced...

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July 6, 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)

Banking clean up: Payment, recovery to be completed in 24 months – Receiver

June 14, 2021 The Joint Receiver of the collapse banks and microfinance institutions has promised to clear all outstanding claims of the remaining depositors latest by 24 months. According to Mr. Eric...

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June 14, 2021 / Comments (0)

E-cedi: Bank of Ghana to pilot digital currency

June 3, 2021 The Bank of Ghana is in the advanced stages of introducing a digital currency, the Governor of the central bank, Dr Ernest Addison has disclosed. According to the Dr Addison, the e-cedi...

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June 3, 2021 / Comments (0)

BoG cuts policy rate to 13.5%, first time since March 2020

June 1, 2021 In its quest to foster economic growth and ensure financial stability in response to developments on the local and external front, the Monetary Policy Committee, MPC, of the Bank of Ghana,...

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June 1, 2021 / Comments (0)