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
BoG Increases Momo Limits
Dr. Ernest Addison The Bank of Ghana (BoG) increased the daily transaction limits for mobile money. The Central Bank made this known in its monetary policy committee’s press release. BoG
BoG Launches Refinitive Matching Platform
Dr Ernest Addison THE BANK of Ghana (BoG) has launched a Refinitive Matching Platform for Ghana’s interbank forex exchange (FX) Market. Speaking at the launch in Accra on Thursday, February
BoG Sanctions Barclays Bank
Dr Ernest Addison The Bank of Ghana (BoG) has fined the Barclays Bank Ghana an amount of GH¢4,579,256.36 for making frivolous quotes on Ghana’s Interbank Foreign Exchange Market. This action,