Dr Maxwell Opoku-Afari DR. MAXWELL Opoku-Afari, First Deputy Governor of the Bank of Ghana, says the bank is working on establishing a sandbox to promote innovation in the financial market
BoG Holds Virtual Stakeholder Workshop On Payment Systems
Dr. Maxwell Opoku-Afari The Bank of Ghana (BoG) has held a virtual stakeholder workshop on Payment Systems and Service Act, 2019 (ACT 987). The workshop was held on June 2,
Gov’t To Access Emergency Funds From BoG
Ken Ofori-Atta THE MINISTER of Finance, Ken Ofori-Atta, has submitted to Parliament the report on government’s decision to access emergency financing from the Bank of Ghana (BoG) consistent with the
BoG Introduces Online Payment System For Collateral Registry
Dr. Ernest Addison The Central Bank of Ghana has introduced an online payment platform for the Collateral Registry System. The Bank made this known on May 22, in a statement
BoG Provides Liquidity Support to Banks
Kojo Oppong Nkrumah THE INFORMATION Minister, Kojo Oppugn Nkrumah says the Bank of Ghana (BoG) has announced provision of liquidity support to banks, savings and loan companies, and financial houses
Trade Balance Records $936.4m Surplus – BoG
Dr. Ernest Addison Ghana’s trade surplus has been surged by 1.4 per cent in the first quarter of this year to a new record after a marginal fall in export
BoG Maintains Policy Rate At 14.5%
The Bank of Ghana (BoG) has maintained the lending rate at 14.5 per cent. Governor of the Central Bank, Dr. Ernest Addison, made this known in a Live Facebook address
BoG Staff, Others Donate To Covid-19 Fund
Staff of the Bank of Ghana (BoG), yesterday, showed their sense of commitment to the fight against the coronavirus (Covid-19) pandemic. This was when management and staff donated an amount
No Dividend Payments – BoG Directs Banks
Dr Ernest Addison THE BANK of Ghana (BoG) has directed banks and specialised deposit-taking institutions (SDIs) in the country to suspend dividend payments and hold onto the cash, which may
BoG, Health Ministry In Talks Over Hospital Facility
The Bank of Ghana is confirming that indeed it is in talks with the Health Ministry for the use of its Hospital facility in testing for coronavirus. Health Minister, Kwaku
‘BoG Hospital Is For Everyone’
The Bank of Ghana has clarified that it’s hospital being availed to Government for the Covid-19 fight will serve all Ghanaians and not VIPs only. The central bank was reacting
BoG Extends Deadline For Minimum Capital Requirement
Dr Ernest Addison The Bank of Ghana (BoG) has announced the extension of the deadline for commercial banks to meet their Minimum Capital Requirement. The banks were expected to meet
BoG Gets Tough With Commercial Banks
Dr. Ernest Addison, BoG Governor THE CENTRAL Bank has asked banks and specialized deposit-taking institutions (SDIs) to refrain from declaring and paying dividends or making other distributions to shareholders for