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Banking and Finance
Quick Credit commits to support economic growth
A microcredit firm, Quick Credit & Investment Micro-Credit Limited, has expressed strong commitment to support efforts by the…
BoG promotes innovation in financial services sector
The Head of Fintech and Innovation at Bank of Ghana, Kwame Oppong, has said the central bank has implemented a regulatory reform…
Ghanaian banks’ capital to weaken on sovereign Debt Restructure –…
Ghanaian banks could face significant pressure on their capitalisation due to the restructuring of local-currency (LC) sovereign…
Ghana suspends external debt payments pending orderly restructuring of…
The government has announced a suspension of all payments of external debts pending an orderly restructuring of the affected…
African Development Bank Group President appoints Senegal’s former Minister…
African Development Bank Group President Dr. Akinwumi Adesina has appointed Senegal’s former minister Amadou Hott, as his Special…
Ghana secures conditional approval for $3bn IMF support
Ghana and the International Monetary Fund (IMF) have reached a prelimary agreement for the fund to support the economy with a US$3…
Debt Exchange: 8 banks highly exposed to government bonds, may be hit…
About eight banks are highly exposed to the Government of Ghana securities, particularly bonds and could therefore be impacted…
Export earnings in the free zones enclave have attracted over US$27 bn –…
The Ghana Free Zones Authority (GFZA) has announced that companies in the free zones enclave have made export earnings of over…
Debt exchange: Govt to establish GH₵15billion fund for financial…
The Financial Stability Council (FSC) has announced that it has begun a process to establish a fund that will provide liquidity to…
Bank of Ghana denies fire outbreak at its premises
The Bank of Ghana (BoG) has urged the public to disregard reports that it has been gutted by fire.
The bank in a statement…