Browsing Category
Banking and Finance
Banking sector stable, assets increase to GH¢244.7bn
Data from the Bank of Ghana indicated that the banking sector remained stable as the industry’s total assets increased to GH¢244.7…
BoG maintains policy rate at 30%
The Central Bank has maintained its monetary policy rate at 30%.
Policy rate hikes by the Central Bank since November last year…
ASA Savings & Loans organizes free health screening in Techiman
The Techiman Business Centre of ASA Savings and Loans Limited in collaboration with the Kintampo Municipal hospital has organized…
Average lending rate rises to 31.78% at end-August 2023
Average rates on loans given to individuals and businesses by banks in the country stand at 31.78% at end-August 2023.
This is…
Treasury exceeds GHS 2.58bn T-Bill target by GHS 510m at average rate cost…
The Finance Ministry in the issuance of its 91,182 and 364 days treasury bills exceeded its target of raising GHS 2.58bn.…
BOG gets AFI award
The Bank of Ghana has won the 2023 Financial Inclusion Institutional Leadership Award at the just ended AFI 2023 Global Policy…
Recapitalisation of BoG must be prioritised — Banking expert
Banking Consultant and Expert Dr Richmond Atuahene has advised the government to prioritise the recapitalisation of the Bank of…
$2.22bn IMF-debt: Ghana retains top spot as Africa’s largest debtor to the…
Accompanied by fiscal challenges and a bid to revive its economy, Ghana’s debt to the International Monetary Fund (IMF) has surged…
BoG data reveals four-fold increase in mobile money balances to GHS 14.4bn
The balance on float in mobile money accounts in Ghana has shown a substantial increase, signifying a shift toward electronic…
BoG and Lending to Government: Some checks and balances
The Bank of Ghana (BoG) has defended its breach (in 2022) of the limit on lending to the government by appealing to section 30(6)…