The Bank of Ghana has taken decisive action against individuals and businesses that have breached its guidelines on the issuance of dud cheques. A total of 47 individuals and
BoG Launches Centralised Foreign Exchange Platform
Dr. Ernest Addison The Bank of Ghana (BoG) has launched the centralised foreign exchange trading platform that will be effective August 1st, 2024. A release signed by the BoG
Banking Sector Assets Reach GH¢323.1bn
Dr. Ernest Addison The banking sector performance in the first half of the year pointed to continued recovery from the impact of the Domestic Debt Exchange Programme (DDEP). Total
Central Bank Maintains Policy Rate At 29% For Third Consecutive Time
Dr. Ernest Addison In a notable display of stability and strategic economic foresight, the Bank of Ghana (BoG) has opted to retain the policy rate at 29%, as reiterated
BoG Justifies New Head Office Building
Dr. Ernest Addison The Bank of Ghana (BoG) has found itself embroiled in scrutiny following revelations of a hefty loss amounting to GHC 10.50 billion recorded in the fiscal
SC Affirms BoG Revocation Of UniCredit Licence
The Supreme Court has affirmed the decision of the Bank of Ghana (BoG) to revoke the operating licence of Unicredit Ghana Limited. The court, in a unanimous decision, reversed
BoG Shuts Down Dek-Nock Investments, Customers Asked To Stay Calm
Dr. Ernest Addison – Governor of Bank of Ghana In a joint effort with the Ghana Police Service, the Bank of Ghana (BoG) has taken decisive action to shut
Minority Protest Against BoG July 30
Mahama Ayariga The NDC Member of Parliament (MP) for Bawku Central, Mahama Ayariga, has indicated that members of the Minority will hit the streets again July 30, 2024 to demand
BoG Issues Strict Guidelines For Financial Institutions
In a recent notification, the Bank of Ghana (BoG) has directed all financial institutions to comply with the Banks and Specialised Deposit-Taking Institutions Act, 2016, and the Fit and
Jail Persons Implicated In Banking Sector Clean-up – BoG Charges Govt
Dr. Ernest Addison The Governor of the Bank of Ghana, Dr. Ernest Addison, has made an impassioned call for governmental intervention against shareholders of banks and financial institutions implicated
$360m IMF Cash Hits BoG Account
Dr. Mohammed Amin Adam The Executive Board of the International Monetary Fund (IMF) has approved the second review of Ghana’s $3 billion loan programme, enabling for the immediate disbursement of $360
BoG Dismisses False Media Report
BoG Governor, Dr. Ernest Addison The Bank of Ghana (BoG) has described as misleading a media assertion that the country has lost US$8 billion in the last two years
GN Bank Disputes BoG’s Claims
The Groupe Nduom Bank has taken a bold stance against the Bank of Ghana (BoG), refuting claims of regulatory infringements that have been cited as grounds for the collapsed