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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 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...

More external threats ahead for the cedi – BoG report

A report by the Bank of Ghana that assesses the impact of external shocks on Ghana’s economy has revealed the cedi’s depreciation against the...

Stuttering panic withdrawals: a simple approach

…the current crop of bank failures has sparked a contagion of fear among depositors   Crisis may be too strong a word for it, but Ghana’s...

BoG to take action on Savings & Loans

Clean up could cost GH¢2bn Mulls which option to take The central bank is expected to take action on insolvent Savings and Loans (S&Ls)...

Strong local banks ready to compete — BoG

Indigenous banks with strong balance sheets and untainted by the collapse of the seven (7) poorly-governed banks are strong, innovative and ready to compete,...

BoG moves to get all banks listed on GSE

The Bank of Ghana is revising its policies and guidelines that will make it easier for all banks to list on the Ghana Stock...

No politics in banking crisis investigations – Analyst warns

For the Bank of Ghana (BoG) to effectively crack the whip on those found complicit in the collapse of seven local banks the investigative...

Republic Bank meets new BoG minimum capital requirements

Republic Bank (Ghana) Limited has met the Bank of Ghana’s new minimum capital requirements ahead of the set deadline of December 2018. The announcement comes...

Bank of Ghana annuls acquisition of ADB Shares

The Bank of Ghana has, with immediate effect, annulled the acquisition of ADB shares-held by four investors-and all transactions undertaken in respect of the...

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