Tag: Monetary Policy Committee
First Atlantic, Energy Commercial banks merger BoG expected to issue...
The central bank is expected to issue a ‘No Objection’ shortly, to allow the merger of First Atlantic Bank and Energy Commercial Bank to...
BoG to publish list of ‘unfit’ bankers
The central bank has said it will soon publish a list of persons who are no longer eligible to work in the financial sector,...
BoG stays policy rate at 17% third time running …as...
The Monetary Policy Committee (MPC) of the Bank of Ghana yesterday announced that it has concluded its last meeting for the year by voting...
Private sector loans drop by 3.6%
The Bank of Ghana’s Monetary Policy Report for May, 2018, has revealed that credit advanced to the private sector moderated in both nominal and...
Policy rate cut could disturb banks – Economist
Despite inflation falling to single-digit in April, a first in five years, an economist at the University of Ghana, Dr. Laud Mensah, has said...
BOG cuts Policy by 200 basis points, reduced to 18%
Bank of Ghana (BOG) has today announced a reduction in its Monetary Policy Rate (MPR) by 200 basis points from the current 20% to...
Policy rate reaches 3-year low …will the banks respond this...
Although inflation rose from 10.3 percent in January to 10.6 percent in February, the Monetary Policy Committee (MPC) of the central bank has expressed...
Policy Rate cut by 100 basis points, now at 20%
The Bank of Ghana (BoG) has a reduction of its policy rate by 100 basis points from 21 percent to 20 percent.
The announcement comes...
