The value of secured loans for which collateral was registered by banks and Specialized Deposit-Taking Institutions was estimated at ¢5.26 billion in the first quarter of 2023. This is
MoMo Fraud Drops Marginally – BoG Report
The Bank of Ghana (BoG) has released its 2022 Fraud Report, revealing that there were 12,166 cases of Mobile Money (MoMo) fraud in the year, recording a slight decrease
Cyber Fraud Surges In Ghanaian Banks- BoG Report
The Bank of Ghana (BoG) has revealed in its recently published 2022 Fraud Report that the number of cyber or email fraud cases in banks across Ghana have skyrocketed
BoG Warns Against Unlicensed Loan Apps
Dr Ernest Addison, BOG Governor The Bank of Ghana (BoG) has raised alarm over some 97 unlicensed entities engaged in the lending of loans through mobile applications to the
BoG Cracks Whip On 97 Unlicensed Loan Providers
In a bid to safeguard customer data, privacy, and consumer protection, the Bank of Ghana has issued a public notice emphasizing the continuous operation of some 97 unlicensed entities
$600m IMF Cash Hits BoG This Week
Ken Ofori-Atta Minister of State at the Finance Ministry, Dr. Mohammed Amin Adam Anta, has stated that the International Monetary Fund (IMF) is likely to transfer the first tranche
Unified Data To Monitor Financial Inclusion Essential – BOG
Elsie Addo Awadzi The Bank of Ghana (BoG) has urged stakeholders in the financial technology space to provide comprehensive and consistent data to aid in monitoring the progress of
$752.8m Trade Surplus Recorded
BOG Governor, Dr. Ernest Addison The Bank of Ghana (BoG) recent data shows that the country recorded a trade surplus of $752.8 million in the first two months of
BoG Pledges Women Access To Finance
Elsie Addo Awadzi THE BANK of Ghana (BoG) has iterated its commitment to promoting gender equity in finance and access to finance for women-owned businesses in the country. Second
BoG Funded Govt To Save Economy – Addison
Ernest Addison ERNEST Addison, the Governor of the Bank of Ghana (BoG), has defended the central bank’s decision to finance government’s expenditure last year. According to Dr. Addison, Ghana’s
BoG Keen On Issuing eCedi – Addison
Dr. Ernest Addison THE BANK of Ghana (BoG) has announced its plan to issue the eCedi, the digital version of the Ghanaian currency soon. According to the central bank,
BoG Opens Platform For Financial Innovations
Kwame Oppong, Director of FinTech and Innovation, BoG The Bank of Ghana (BoG) has announced it will open its Regulatory Sandbox for financial innovations from February 13, 2023 to
BoG Allays Gold For Oil Policy Fears
Dr. Ernest Addison THE CENTRAL Bank allayed fears surrounding the government’s gold for oil policy on Monday, assuring Ghanaians that there is enough gold in the country to sustain the