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barrick gold

Bank of Ghana launches domestic gold purchase programme

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The Bank of Ghana has launched a domestic gold purchase programme to help shore up the country's foreign reserves. The move will enable the...
Bank of Ghana

Central Bank cannot decline participation in Parliamentary investigations

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The Bank of Ghana(BOG) cannot decline participation in parliamentary investigations into the revocation of the banking licences of Unibank and UT Bank,...
Ken Ofori-Atta

Parliament summons ministers over BoG advances, KIA Covid-19 testing

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Parliament has summoned Mr Ken Ofori-Atta, the Minister of Finance, to appear before it next Wednesday to brief members on the amount of temporary...
People walk past the Bank of Ghana in Accra, Ghana. Photo by: REUTERS / Zohra Bensemra

Central Bank of Ghana joins Basel Consultative Group

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The Bank of Ghana (BoG) has joined the Basel Consultative Group (BCG), a global body that sets and implements standards on banking supervision. In a...
Ghanaian Parliament

Ghanaian Parliament to probe BoG and GSE over collapsed banks

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Speaker of Parliament Alban Bagbin has recommended the creation of a seven-member committee to investigate the Bank of Ghana (BoG) and the Ghana Stock...
Ndpc

NDPC launches Ghana’s Microeconomic Model

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The National Development Planning Commission (NDPC) in collaboration with Oxford Economics, UK developed a Ghana Microeconomic model, an economic policy document for decision making. The...
Bank of Ghana

Bank of Ghana launches regulatory and innovation sandbox pilot

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The Bank of Ghana has launched a regulatory and innovation sandbox pilot in collaboration with EMTECH Service LLC. The launch is in line with...
EOCO

Don’t do business with Chy Mall – EOCO cautions

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The Economic and Organised Crime Office (EOCO), has cautioned the public to desist from investing and patronising Chy Mall. A statement issued by Madam Faustina...
Digital economy

Government’s digitalization Programme making valid and solid case for KGL Technology

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Ghana's baseline infrastructure such as Real Time Gross Settlement (RTGs), Automated Teller Machines (ATMs), POS Switches coupled with Mobile Money Interoperability are all aimed...

Sekyere Rural Bank increases profit

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The Sekyere Rural Bank at Jamasi in the Sekyere South District, made significant progress by increasing its profit before tax by 28 per cent. ...
banks

Banking sector has been sanitized – Akufo-Addo

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President Nana Addo Dankwa Akufo-Addo on Tuesday said sanity has been restored in the Banking Sector of the country. He said the Bank of Ghana,...
Mr Archie Hesse

Remote electronic payment key to Covid-19 fight in 2021

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Making payments remotely or without contact is proving to be one effective way to deal with Covid-19 as the New Year beckons. Such...

Bank of Ghana and Monetary Authority of Singapore sign MoU to promote SMEs

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The Bank of Ghana has signed a Memorandum of Understanding (MOU) with the Monetary Authority of Singapore (MAS) to collaborate in promoting Small and...
banks

Audit Service to surcharge banks

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The Audit Service on Tuesday indicated its readiness to surcharge any participating commercial bank,that defaults in transferring tax receipts collected from the various transit...
La Community Bank

La Community Bank to introduce mobile banking services

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The La Community Bank Limited is to introduce mobile banking services with a dedicated App and USSD Code to bring digital and electronic banking...
Governor of the Bank of Ghana, Dr. Ernest Addison

BoG tasks banks to adopt cyber-secure management policies

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Dr Ernest Addison, the Governor, Bank of Ghana on Tuesday urged banking institutions to put in place effective cyber risk management policies to...
Arb Apex Bank

ARB Apex Bank opens branch in Koforidua

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ARB Apex Bank has opened a multi-purpose office building in Adweso, a suburb of Koforidua in the Eastern Region, to provide a safer and...
ARB Apex Bank Limited

Covid-19: Rural and Community banks remain resilient – Apex Bank

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Rural, and Community banks have been commended for instituting stringent and innovative strategies to remain resilient amid the coronavirus pandemic. Mr. George Kwaku Annor, Ashanti...
cedi

It’s illegal to buy or sell GHC 1 notes or coins online-BoG

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The Bank of Ghana says it is illegal for any person or institution to buy or sell one Ghana Cedi notes ...
Dr. Ernest Addison

Ghana revises 2020 economic growth forecast upward to 2.5 percent

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Ghana has revised its 2020 economic growth forecast upward to 2.5 percent from the previous 0.9 percent projected in July, the Governor of Bank...
Bank of Ghana

Central Bank sees economic growth recovering up to 2. 5 per cent in 2020

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The Bank of Ghana sees an economic growth recovery of up to 2.5 per cent in 2020, underpinned by large fiscal stimulus packages, supportive...
Economic Cagd Staff

CAGD launches “treasury hour” to enhance staff professionalism

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The Controller and Accountant-Generals Department (CAGD) has introduced capacity building programmes for staff to promote continuous professional development and enhance service delivery. ...
Parliament

Minority for calls transparency in collapsed financial institutions

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The Minority in Parliament has called for greater transparency and accountability from government, and in particular the Bank of Ghana (BoG) in the management,...
Bank of Ghana

63 YEARS OF CENTRAL BANKING IN GHANA: ANCHORING MONETARY AND FINANCIAL STABILITY

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Introduction On 1st August 1957, Ghana's central bank, the Bank of Ghana, opened its doors for operations following its establishment on 4th March 1957 under...
Dr Mark Assibey Yeboah

Ghana to have positive economic growth – Assibey-Yeboah

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Dr Mark Assibey-Yeboah, Chairman, Finance Committee of Parliament, says despite challenges posed by the COVID-19 pandemic, Ghana is projected to have a positive economic...
Bank of Ghana

Monetary Policy Committee keeps policy rate unchanged at 14.5 percent

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The Monetary Policy Committee of the Bank of Ghana has maintained the policy rate at 14.5 percent, citing the need for macroeconomic stability amid...
Vish Ashiagbor

Vish Ashiagbor testifies in Capital Bank trial

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Prosecution in the trial involving William Ato Essien, Founder of the defunct Capital Bank, has presented Mr Vish Ashiagbor, a Chartered Accountant and the...
Bank of Ghana

BoG urges MSMEs to reposition to lead post-COVID economic recovery

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Mrs Elsie Addo Awadzi, the Second Deputy Governor of the Bank of Ghana, has urged Micro, Small and Medium Enterprises (MSMEs) to reposition to...
Bank of Ghana

BoG expresses worry about widening budget deficit due to COVID-19

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Dr Ernest Addison, the Governor of the Bank of Ghana, has expressed worry about the widening budget deficit due to the coronavirus pandemic, saying...
dr ernest addison governor bank of ghana

BoG has not sanctioned Vodafone to disclose customer details – Dr Addison

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Dr Ernest Addison, Governor of the Bank of Ghana, has told the Public Accounts Committee (PAC) that the central bank was not consulted by...