Tag: Ghana central bank
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Bank of Ghana announces rate hike to suppress inflationary pressure
Ghana's central bank announced a further 200 basis points hike in its benchmark lending rate Monday to tame the ever-mounting inflationary pressure amid global...
Ghana central bank announces US$357 million stimulus arrangement to induce growth in SME sector
Ghana’s central bank announced measures here on Monday to induce growth in the country’s small and medium enterprises (SME) sector for economic growth and...
Ghana central bank keeps 16 percent policy rate
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 revokes licenses of hundreds of financial institutions amid financial clean-up
Ghana's central bank announced here late Friday the withdrawal of the licenses of 386 Non-Bank Financial Institutions (NBFIs) which have become bankrupt.
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Bank of Ghana cuts benchmark rate by 100 bsp on favorable conditions
At the end of its 86th regular meeting, the Monetary Policy Committee(MPC) of Ghana's central bank revised downward by 100 basis points its benchmark...
