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Adhere to Corporate Governance Standards – BoG

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Dr Ernest Addison, Governor, Bank of Ghana (BoG), has urged owners and directors of banks and other financial institutions to strictly adhere to...

BoG urges Police to help identify hidden unlicensed financial institutions

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The Bank of Ghana (BoG) on Wednesday called on the Police Service to help it to identify hidden and unlicensed financial institutions that might...

Sekyere Rural Bank records impressive profit growth in 2018

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The Sekyere Rural Bank has recorded a huge profit growth of 481 percent in the 2018 financial year. The Bank’s profit before tax this year...

APEX Bank secures eight million dollars to roll-out agency banking

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The ARB Apex Bank has secured eight million dollars in grant from the World Bank to roll-out agency banking operations to expand rural...
court

High Court orders complainants to file defences to Nduom’s case

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An Accra High Court has ordered the Bank of Ghana (BoG), the Attorney-General (AG) and the Receiver of GN Savings and Loans...

Nsoatreman Rural Bank exceeds BoG’s capital requirement

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The Nsoatreman Rural Bank in Sunyani West Municipality of the Bono Region has exceeded the Bank of Ghana’s (BoG’s) capital requirement for Rural and...

BoG, IFEJ train journalists on monetary policy operations

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A training workshop on Monetary Policy and Financial Stability Reporting has been held for members of the Institute of Financial and Economic to improve...
Bank Of Ghana introduces GH¢100, GH¢200 notes and GH¢2 coin

EFF-GH questions Bog Governor Over new cedi denominations

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The Economic Freedom Fighters of Ghana (EFF-GH) following the release and press statement in a conference held in Accra on Friday,29th November,2019 by the...

Government to empower rural banks to boost operations

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The Deputy Managing Director of ARB APEX Bank, Mr Alex Kwasi Awuah, has reassured Ghanaians of government’s commitment to strengthening rural and community banks...

Banks urged to explore partnerships to accelerate digitisation process

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Dr Ernest Addison, the Governor of the Bank of Ghana, has called on banking sector players to seek partnerships to accelerate the pace...
Bank of Ghana

Bank of Ghana to scrutinize compensation policies for bank CEOs

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The Bank of Ghana (BOG) is to begin scrutinizing compensation policies for chief executive officers, key management personnel, and board of directors of universal...
Treasury bills

Ghana Lures Nigerian treasury bills investors with 18 percent rate

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Last week, in line with expectations, the Central Bank of Nigeria (CBN) crashed the stop rates of treasury bills to a single digit and...
Ken Ofori Atta

Ghana Deposit Protection Scheme to commence in December

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Mr Ken Ofori-Atta, Financial Minister has said the completion of reform exercise within the Banks and specialized deposit-taking institutions (SDIs) in August has...
Dr. Mahamudu Bawumia

Introduction of the Repurchase Agreements, a game changer for the financial markets-Veep

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Vice President Dr Mahamudu Bawumia on Tuesday launched the Guidelines for the Global Master Repurchase Agreement (GMRA) and the Ghana Fixed Income Market (GFIM)...
Verve logo

Verve Cross Border Launch – Address By Mike Ogbalu III

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Good morning esteemed ladies and gentlemen, partners, colleagues in the financial industry and distinguished members of the Press. I want to recognize the presence of...
Bank of Ghana

Ghana government misses fiscal deficit target

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Provisional data on the execution of the 2019 budget shows, the government has missed its fiscal deficit target for the first seven months. According to...
Bank of Ghana

Ghana central bank keeps 16 percent policy rate

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Ghana's central bank has kept its indicative policy rate at 16 percent for the fourth consecutive time, after reducing it to this level in...
Bank of Ghana

Ghana introduces regulatory measures to secure electronic money transactions

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Electronic money platform operators in Ghana will abide by separate regulatory requirements to enhance operations and secure the platforms for users, the central bank...
Manasseh Azure Awuni

Public Procurement Authority Boss Caught in Contract Sale

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The question was direct. And the denial was categorical. “Is it your company?” “No!” “Then how do you know the company?” “It’s my cousin,” said A.B. Adjei, the...

MTN moves to sustain the Growth of Mobile Financial Services in Ghana

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As part of MTN’s 10th anniversary of the Mobile Money (MoMo) service, the company has taken another judicious step by organizing second stakeholders’...

Depositors of insolvent microfinance companies to receive payments today

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Bank of Ghana’s appointed Receiver for the 347 insolvent and dormant microfinance companies, Eric Nana Nipah, will Friday start paying depositors of the companies. A...
Bank of Ghana

BoG Closes Down 347 Of Its Microfinance Firms Permanently: What’s Next?

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The Bank of Ghana (BoG), Ghana`s central bank and regulator of the banking sector has revoked the license of 347 (72%) of its total...
Alexander Kofi-Mensah Mould

Ghana’s Banking Crisis Part 1 The Blame Fits BoG

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The current crises within Ghana’s banking sector has left us all perplexed; with many unanswered questions. On one hand we are being asked not...
Bank of Ghana

Bank of Ghana revokes licenses of hundreds of financial institutions amid financial clean-up

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Ghana's central bank announced here late Friday the withdrawal of the licenses of 386 Non-Bank Financial Institutions (NBFIs) which have become bankrupt. ...
Bank of Ghana

Ghana stays its benchmark lending rate at 16 pct, to check inflation

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In its bid to sustain growth in the economy and hold inflation in check, the Monetary Policy Committee (MPC) of Ghana’s central bank...
From next month clients are likely to pay more for any service?rendered to them by a bank.

Ghana’s banking sector reforms yielding positive results

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The coming into force of the new rules by Bank of Ghana on the operation of banks has helped salvage the fortunes of the...
Integrity Discussion

Banks urged to support Ghana’s Oil Sector Growth

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Mr Osei Gyasi, the Head of Banking Supervision of the Bank of Ghana, has urged banks to meaningfully support growth of the oil sector...
Money Wallpapers Hd

BoG prohibits pricing in foreign currency in Ghana

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Regulator of Ghana's Financial sector, Bank of Ghana (BoG), has issued a statement prohibiting the charging and pricing of goods and services contracted...
Bank of Ghana to introduce upgraded banknotes

Ghana’s Upgraded Cedi Notes

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The Bank of Ghana has released a clearer version of the upgraded cedi notes due to start circulation on May 6. The notes were signed...
Bank of Ghana to introduce upgraded banknotes

Bank of Ghana has no idea how much upgraded cedi notes will cost

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The Bank of Ghana says it is yet to determine the estimated cost of the introduction of security enhanced features of new currencies. The Central...