Dr. Ernest Addison Governor of the central bank, Dr Ernest Addison, has pointed out that the ineffectiveness of the bank was responsible for the decay in Ghana’s financial sector, which
PAC Bares Teeth At BoG Governor
Dr. Ernest Kwamina Yedu Addison THE Public Accounts Committee (PAC) is summoning the Governor Dr. Ernest Kwamina Yedu Addison of the Bank of Ghana (BoG), to appear before it to
Banking Sector To Deliver Stronger Performance
Dr. Ernest Addison The banking sector in Ghana is projected to deliver a stronger performance in the coming years. This is according to the 2019 Banking Sector Report released by
BoG Enforces Directive On 3rd Party Deposit
Dr. Ernest Addison The Bank of Ghana (BoG) has reminded all banks and specialized deposit-taking Institutions in the country to comply fully with the anti-money laundering Act, 2008 (Act 749)
BoG Directs Rural Banks To Meet Minimum Capital
Dr. Ernest Addison The Bank of Ghana has directed all Rural and Community Banks (RCBs) to meet their Minimum Capital requirement by February 2020. The directive was contained in a
Improve Domestic Budget Financing To Stabilise Cedi
Dr Ernest Addison Dr Ernest Addison, Governor of the Bank of Ghana (BoG), has called for improvement in Ghana’s debt management strategies and engineering policies to shift the financing of
Cedi Recovers
Dr Ernest Addison Ghana’s cedi has recovered to levels that appropriately reflect the state of the economy after “overshooting” during a slump in the first quarter, according to the head