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Tag: BoG

Banks to take time to cut lending rates

Despite the policy rate of the Bank of Ghana going down by…

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BoG abolishes bank charges on savings account and other ‘unfair’ fees

The Bank of Ghana has directed banks and Specialized Deposit-Taking institutions to…

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BoG to purchase gold from local market

The Bank of Ghana has launched a programme to start purchasing gold…

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Banks will use fortified bullion vans – Association of Bankers

The Ghana Association of Bankers, GAB, says it is saddened by Monday’s…

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BoG to pilot “e-cedi” cryptocurrency soon

The Governor of the Bank of Ghana, Dr. Ernest Addison has disclosed…

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Ghana’s trade balance narrows to 1% of GDP

Ghana’s trade balance narrowed in the first four months of this year…

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BoG reduces policy rate to 13.5%

The Bank of Ghana (BoG) has reduced its Monetary Policy Rate to…

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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…

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BoG directs banks, SDI not to pay dividend for 2020/21

The Bank of Ghana (BoG) has revised its initial directive on suspension…

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BoG’s holds policy rate at 14.5% again

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has…

Kofi Ahovi