BoG, Parliament brouhaha: Governor Addison explains
Governor of the Bank of Ghana, Dr. Ernest Addison, has provided a detail response to the reason the Central Bank will not be…
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BoG
Banks to take time to cut lending rates
Despite the policy rate of the Bank of Ghana going down by one percentage points, it would take time for banks to cut their…
BoG abolishes bank charges on savings account and other ‘unfair’ fees
The Bank of Ghana has directed banks and Specialized Deposit-Taking institutions to desist from charging some fees and…
BoG to purchase gold from local market
The Bank of Ghana has launched a programme to start purchasing gold from the local market to help shore up its reserves.…
Banks will use fortified bullion vans – Association of Bankers
The Ghana Association of Bankers, GAB, says it is saddened by Monday’s bullion van robbery incident at James town in Accra…
BoG to pilot “e-cedi” cryptocurrency soon
The Governor of the Bank of Ghana, Dr. Ernest Addison has disclosed that the central bank is in the advanced stages of…
Ghana’s trade balance narrows to 1% of GDP
Ghana’s trade balance narrowed in the first four months of this year to 1.0% of Gross Domestic Product, as imports continued…
BoG reduces policy rate to 13.5%
The Bank of Ghana (BoG) has reduced its Monetary Policy Rate to 13.5 percent.
The reduction by 100 basis points follows…
Bank profit growth slows to about 6% due to COVID-19 – BoG Report
A slowdown in the growth in gross loans and advances given out by banks in the first 2 months of 2021 due to pandemic-induced…
BoG directs banks, SDI not to pay dividend for 2020/21
The Bank of Ghana (BoG) has revised its initial directive on suspension of dividend payment by Banks and Special…