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Tag: BoG

Cost of credit falls marginally, as average lending rate pegged at 20.51% – BoG

Despite concerns that the cost of loans is very high, average lending…

Kofi Ahovi

BoG maintains policy rate at 13.5% again

The Central Bank has maintained the policy rate, the rate at which…

Kofi Ahovi

BoG determined to develop vibrant financial sector – Dr. Ernest Addison

The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison has…

Kofi Ahovi

Ghana on track to introduce E-Cedi – BoG boss

The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison has…

Kofi Ahovi

CalBank has lowest average lending rate in Ghana – BoG

As average lending rates across Universal Banks continue to drop in the…

Kofi Ahovi

Most banks do not charge fees for ATM cash withdrawal- BoG

A survey of bank charges by the Bank of Ghana conducted in…

Kofi Ahovi

Value of reported fraud cases reach GHs1 bn in 2020 – BoG

The value of reported fraud cases in the banking sector for the…

Kofi Ahovi

Credit to private sector contracts in 2nd quarter 2021-BoG

Deposit Money Banks’ (DMB) credit to the private sector contracted marginally by…

Kofi Ahovi

Economy shows strong signs of recovery -BoG

The domestic economy continued to show strong signs of recovery from the…

Kofi Ahovi

BoG’s forex auction oversubscribed by 50%

The Bank of Ghana's forex forward rates auction on Tuesday, August 24, exceeded…

Kofi Ahovi