CalBank has lowest average lending rate in Ghana – BoG
As average lending rates across Universal Banks continue to drop in the country, albeit marginally, some banks appear to have far…
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BoG
Most banks do not charge fees for ATM cash withdrawal- BoG
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…
Value of reported fraud cases reach GHs1 bn in 2020 – BoG
The value of reported fraud cases in the banking sector for the year 2020, the Bank of Ghana (BoG) says increased by 765…
Credit to private sector contracts in 2nd quarter 2021-BoG
Deposit Money Banks’ (DMB) credit to the private sector contracted marginally by 1% during the second quarter of 2021 says a Bank…
Economy shows strong signs of recovery -BoG
The domestic economy continued to show strong signs of recovery from the impact of the COVID-19 pandemic in the first quarter of…
BoG’s forex auction oversubscribed by 50%
The Bank of Ghana's forex forward rates auction on Tuesday, August 24, exceeded its target of raising $50 million.
The BoG…
BoG wins arbitration against Sibton Switch: tribunal’s award dismisses all…
A Tribunal has issued an award in favour of the Bank of Ghana dismissing all claims brought by Sibton Switch Systems Limited…
Nana Addo charges new BoG board to address high interest rate regime
President Nana Akufo-Addo has tasked the newly constituted Board of the Bank of Ghana to work around the clock and bring down the…
BoG, Giesecke+Devrient to pilot first CBDC in Africa
The Bank of Ghana (BoG) has partnered Giesecke+Devrient, a German company that provides banknote and securities printing, smart…
BoG revises mergers and acquisitions directive
The Bank of Ghana has revised the mergers and acquisitions directive, aimed at preventing the adverse impact on competition and…