Tag: commercial banks
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Commercial banks allowed to pay cocoa bills retail investors
The Bank of Ghana says it has agreed to allow commercial banks to use Cocobod’s deposits/placements at the various banks to reduce the cash...
South Sudan apex bank reduces foreign exchange auction to commercial banks
The Central Bank of South Sudan said Friday it has reduced its weekly amount of foreign currency auction to commercial banks and forex bureaus...
Address the high lending rates by commercial banks – President to BoG
President Nana Addo Dankwa Akufo-Addo has urged the Bank of Ghana (BoG) to bridge the gap between its monetary policy rate and the lending...
Tanzania’s central bank directs commercial banks to establish data centers
Tanzania's central bank on Saturday directed all commercial banks and financial institutions to put in place a primary or secondary data center in the...
BoG Drops Lending Rate To Commercial Banks From 20% To 18%
The Bank of Ghana's Monetary Policy Committee on Monday announced a reduction in the policy rate by 200 basis point, indicating a drop of...
