Tag: Bank of Ghana

Dr. Richmond Atuahene, a Banking Consultant with Salma Partners and Financial Consult Limited, has raised alarm over the erosion of confidence in the financial sector. His comment follows the Bank ...

The Governor of the Bank of Ghana, Dr. Ernest Addison, has urged government to hold shareholders of banks and financial institutions accountable for their roles in the financial sector cleanup. ...

Government has successfully restructured $1 billion in legacy debt owed to Independent Power Producers (IPPs) marking a significant milestone in the country’s energy sector reform efforts. This announcement was made ...

The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has assured the public that despite the Cedi depreciating by 6.8 percent in the first quarter of the year, ...

The Minority in Parliament has leveled accusations of financial impropriety against the management of the Bank of Ghana (BoG), following their involvement in illicit activities leading to the write-off of ...

The Bank of Ghana has suspended the Foreign Exchange Trading Licenses of Guaranty Trust Bank Ghana Limited (GTB) and FBN Bank Ghana Limited (FBN) effective March 18, 2024, for a ...

The Bank of Ghana (BoG) has announced significant revisions to the balance and transaction limits of customers’ mobile money wallets, effective March 1, 2024. This strategic move, as communicated by ...

Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has projected interest rates on the Government’s short-term debt securities to reduce from the current 28.5% – 31.7% to 13% ...

Mobile money transactions in 2023 soared to unprecedented levels, surpassing previous records and underlining the nation’s evolving fintech landscape. According to the Bank of Ghana’s January 2024 Summary of Economic ...

The Bank of Ghana (BOG) has confirmed the receipt of the second tranche of the bailout package with the International Monetary Fund (IMF), amounting to US$600 million. This funding, designated ...