Tag: Bank of Ghana
Poor records and non-existent data pose challenge to debt recovery –...
Dr. Ernest Yedu Addison, Governor of the Bank of Ghana, has stated that poor records and non-existent data has become a major challenge for...
Banking sector outlook positive—BoG
The banking sector remains robust with strong growth prospects in various operational areas, the latest Banking Sector Report by the Bank of Ghana (BoG)...
BoG bans pricing in foreign currencies
The financial sector regulator, Bank of Ghana (BoG), has prohibited the pricing, advertising and receipt or payment for goods and services that are contracted...
BoG woo investors to the financial sector
The Bank of Ghana (BoG) has said the current macro-economic gains coupled with recent regulatory changes introduced to the financial sector provides several opportunities...
BoG must enforce laws stringently to maintain financial sector confidence
If the central bank means to maintain growing confidence and resilience in the financial sector, it must ensure that there is total compliance and...
BoG hinges policy rate cut on budget performance
Governor of the Bank of Ghana, Dr. Ernest Addison, has said there is no room for further policy rate cuts this year - unless...
BoG unhappy with receivers …Describes receivership process as too slow
. Will compel receivers to open up to public
The Bank of Ghana has expressed its frustration over the slow pace of work by the...
BoG to introduce upgraded cedi notes May 6
The Bank of Ghana will issue upgraded banknotes into circulation on May 6, 2019.
The upgraded banknotes will have enhanced security features, in line with...
S&L, MFIs clean-up to cost GH¢700m
The second phase of the on-going financial sector reforms, where sweeping changes are expected to be introduced by the Central Bank within the Savings...
Injecting US$800m to stabilise cedi an exercise in futility
Once again, the Bank of Ghana (BoG) has signalled that it will inject a whopping US$800million into the system to shore-up one of the...
