SDIs
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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 tightens noose around dividend payments for banks

April 15, 2021 The Bank of Ghana (BoG) has announced stringent conditions that banks must meet to be able to share their 2020 and 2021 profits with shareholders. The central bank said in a statement that...

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April 15, 2021 / Comments (0)

BoG hints of recapitalisation –Savings & loans, others targeted

August 12, 2020 DEPOSIT taking institutions could be in for another round of capital injection after the unfolding shock from the novel Coronavirus (COVID-19) pandemic promises to erode their capitals and...

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August 12, 2020 / Comments (0)

GHS13.6bn spent so far on financial sector clean-up – Finance Minister

July 24, 2020 Finance Minister, Ken Ofori-Atta, says government has so far spent GHS13.6 billion in sanitizing the financial sector as at 2020 first quarter. He made this known on Thursday July 23, when...

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July 24, 2020 / Comments (0)

BoG announces measures to boost liquidity in financial sector

May 31, 2020 The Bank of Ghana (BoG) has announced some measures to boost liquidity to the special deposit institutions (SDI) in the country. This is to enable the institutions to support their...

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May 31, 2020 / Comments (0)

BoG directs banks, SDI’s not to pay dividends to shareholders

April 21, 2020 The Bank of Ghana (BoG) has directed Banks and Specialised Deposit-Taking Institutions (SDIs) in the country not to declare or pay any dividends to their shareholders until further notice....

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April 21, 2020 / Comments (0)