The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, reaffirmed his strong support for the government’s Gold for Oil policy, emphasizing its crucial role in bolstering the
Policy Rate Remains 29%
Dr. Ernest Addison, Governor of Bank of Ghana The Bank of Ghana (BoG) has maintained its Monetary Policy Rate (MPR) at 29% following a review of some developments in
BoG Adjusts Banks’ Cash Reserve Ratio
The Central Bank announced Monday it has decided to adjust the Cash Reserve Ratio (CRR) for banks. Governor of the Bank of Ghana and Chairman of the Monetary Policy
BoG Maintains Monetary Policy Rate At 29%
Dr. Ernest Addison In a recent announcement, the Bank of Ghana (BoG) has decided to maintain its Monetary Policy Rate (MPR) at 29%. This move comes in response to a
BoG Suspends Forex Licences of GT Bank, FBN Bank
The Bank of Ghana (BoG) has taken the decision to suspend the forex licences of Guaranty Trust Bank Ghana Limited and FBN Bank Ghana Limited, two Nigerian affiliated banks
BoG Partners With Development Bank Ghana To Study Innovative Financing For MSMEs
In an effort to promote economic growth and support small businesses in Ghana, the Bank of Ghana has signed a Memorandum of Understanding (MoU) with the Development Bank Ghana
BoG, SDF Hold Talks On Creative Industry Financing
Dr. Ernest Addison (M) with the delegation An eight-member delegation from the Stellar Development Foundation (SDF), last Thursday paid a courtesy call on the Governor of the Bank of
BoG Re-affirms Anti-Money Laundering Regime
Participants at the event The Bank of Ghana (BoG) has reiterated its commitment to address major gaps in the financial ecosystem of the country. This is to ensure the
BoG Governor Commends GCB Bank
Dr. Ernest Addison DR. ERNEST Addison, Governor of the Bank of Ghana, has commended GCB Bank for contributing positively to promoting financial intermediation as the second largest bank in
BoG Launches Database Portal
Dr. Ernest Addison The Bank of Ghana has launched a beta version of its data base portal aimed at providing a single environment for extracting and visualising macroeconomic data.
Policy Rate Drops To 29%
Dr. Ernest Addison The Monetary Policy Committee (MPC), of the Bank of Ghana has dropped its lending rate from 30% to 29% following a decline in inflation. The Governor
BoG Composite Index of Economic Activity Shows Significant Rebound In January 2024
The Bank of Ghana (BoG) has reported a remarkable growth of 9.6 percent in its Composite Index of Economic Activity (CIEA) for January 2024, marking a notable improvement compared
BoG Lowers Base Rate To 29% To Stimulate Economic Growth
Dr. Ernest Addison – Governor of Bank of Ghana The Bank of Ghana (BoG) has announced a significant reduction in its Monetary Policy Rate, also known as the base