The Bank of Ghana’s (BoG) decision to revoke the licenses of UT Bank and Capital Bank in 2017 was a drastic measure that sent shockwaves through Ghana’s financial sector.
Maintain Tight Monetary Policy Stance – IMF Tells BoG
Dr. Ernest Addison – BOG Boss The International Monetary Fund (IMF) has urged the Bank of Ghana (BoG) to maintain a tight monetary policy stance. According to the Fund,
Mobile Money Hits GH¢298.6bn – BoG
Dr. Ernest Addison, BoG Governor Mobile money transactions in the country reached a record high of 728 million in October 2024, with a total value of GH¢298.6 billion, according
Monetary Policy Committee Maintains Policy Rate At 27%
Dr Ernest Addison The Monetary Policy Committee (MPC) of the Bank of Ghana has decided to maintain the policy rate at 27% in its latest review. This decision was
President Akufo-Addo Commissions New Bank Of Ghana Headquarters
President Nana Addo Dankwa Akufo-Addo has commissioned the ultra-modern headquarters of the Bank of Ghana, dubbed The Bank Square, marking a significant milestone in Ghana’s economic development. The Bank
BoG Governor Urges Collective Responsibility To Ensure Financial Resilience
At the 28th Annual National Banking and Ethics Conference organized by the Chartered Institute of Bankers (CIB), Ghana, the Governor of the Bank of Ghana, has emphasized the need
Nana Commissions The Bank Square
President Akufo-Addo (3rd R), being assisted by Vice President Dr. Mahamudu Bawumia (2nd R), Dr. Ernest Addison (4th L), Governor, Bank of Ghana and King Tackie Teiko Tsuru II (3rd
Akufo-Addo Hails Ghana’s Economy Recovery
In a significant boost to Ghana’s economic prospects, President Nana Addo Dankwa Akufo-Addo has announced promising data indicating the country’s economy is charting a course of recovery and resilience.
BoG Unveils Ultra-Modern Headquarters, The Bank Square
The Bank of Ghana has officially inaugurated its new headquarters, “The Bank Square,” a state-of-the-art complex designed to symbolize Ghana’s growing influence in the global financial landscape. President
BoG Cracks Whip On CBG Over Foreign Exchange Irregularities
In a bold move to enforce foreign exchange regulations, the Bank of Ghana has suspended the Foreign Exchange Trading Licence of Consolidated Bank Ghana (CBG) for a month, effective
High Court Overturns BoG’s Revocation Of CDH Savings and Loans Licence
In a significant ruling issued on November 1, 2024, a High Court in Accra has reversed the Bank of Ghana’s (BoG) 2019 decision to revoke the operating licence of
BoG’s eCedi Wins Award
BoG representative receiving the award At the 2024 Payment, Innovation and Technology Week held in London, UK, from 23 to 26 September, 2024, the Bank of Ghana was adjudged
BoG Celebrates Customer Service Week, Emphasizes Customer Protection
The Bank of Ghana has issued a press release commemorating Customer Service Week 2024, highlighting the importance of customer satisfaction and protection in the banking sector. As the regulator