BoG borrows GHS 1.09bn
The Bank of Ghana recently raised GHS 1.09 billion through the issuance of its BoG bills which has a maturity period of 56 days.…
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BoG
Gold Purchasing Programme: BoG buys gold worth $700m
The Bank of Ghana’s Gold Purchasing Programme, which was launched in 2021, has been instrumental in boosting the country’s gold…
BoG raises GHS 1.85bn from issuance of 56-day bill
The Bank of Ghana recently raised GHS 1.85 billion through the issuance of its Bog bills which has a maturity period of 56 days.…
Banking sector stable, assets increase to GH¢244.7bn
Data from the Bank of Ghana indicated that the banking sector remained stable as the industry’s total assets increased to GH¢244.7…
BoG maintains policy rate at 30%
The Central Bank has maintained its monetary policy rate at 30%.
Policy rate hikes by the Central Bank since November last year…
Ghana’s total exports decline by 9%
Ghana has recorded a nine percentage points drop in its total export earnings.…
Average lending rate rises to 31.78% at end-August 2023
Average rates on loans given to individuals and businesses by banks in the country stand at 31.78% at end-August 2023.
This is…
BOG gets AFI award
The Bank of Ghana has won the 2023 Financial Inclusion Institutional Leadership Award at the just ended AFI 2023 Global Policy…
Recapitalisation of BoG must be prioritised — Banking expert
Banking Consultant and Expert Dr Richmond Atuahene has advised the government to prioritise the recapitalisation of the Bank of…
BoG data reveals four-fold increase in mobile money balances to GHS 14.4bn
The balance on float in mobile money accounts in Ghana has shown a substantial increase, signifying a shift toward electronic…