Banking and Finance BoG maintains policy rate at 13.5% again Kofi Ahovi Sep 27, 2021 0 The Central Bank has maintained the policy rate, the rate at which it lends to commercial bank, at 13.5% again. It explained in…
Banking and Finance BoG determined to develop vibrant financial sector – Dr. Ernest… Kofi Ahovi Aug 30, 2021 0 The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison has emphasized that his outfit is determined to develop a vibrant…
Banking and Finance Ghana on track to introduce E-Cedi – BoG boss Kofi Ahovi Aug 30, 2021 1 The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison has revealed that his outfit is on track to introduce Ghana’s digital…
Banking and Finance CalBank has lowest average lending rate in Ghana – BoG Kofi Ahovi Aug 30, 2021 0 As average lending rates across Universal Banks continue to drop in the country, albeit marginally, some banks appear to have far…
Banking and Finance Most banks do not charge fees for ATM cash withdrawal- BoG Kofi Ahovi Aug 27, 2021 0 A survey of bank charges by the Bank of Ghana conducted in the first quarter of 2021 has revealed that majority of the 23 banks…
Banking and Finance Value of reported fraud cases reach GHs1 bn in 2020 – BoG Kofi Ahovi Aug 26, 2021 0 The value of reported fraud cases in the banking sector for the year 2020, the Bank of Ghana (BoG) says increased by 765…
Banking and Finance Credit to private sector contracts in 2nd quarter 2021-BoG Kofi Ahovi Aug 26, 2021 0 Deposit Money Banks’ (DMB) credit to the private sector contracted marginally by 1% during the second quarter of 2021 says a Bank…
Economy Economy shows strong signs of recovery -BoG Kofi Ahovi Aug 26, 2021 0 The domestic economy continued to show strong signs of recovery from the impact of the COVID-19 pandemic in the first quarter of…
Banking and Finance BoG’s forex auction oversubscribed by 50% Kofi Ahovi Aug 25, 2021 0 The Bank of Ghana's forex forward rates auction on Tuesday, August 24, exceeded its target of raising $50 million. The BoG…
Banking and Finance BoG wins arbitration against Sibton Switch: tribunal’s award dismisses all… Kofi Ahovi Aug 25, 2021 0 A Tribunal has issued an award in favour of the Bank of Ghana dismissing all claims brought by Sibton Switch Systems Limited…