• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business Banking & Finance

BoG develops liquidity assistance framework for banks, finance houses, others

5 years ago
in Banking & Finance, highlights, Home, home-news, latest News
1 min read
0 0
0
192
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

The Bank of Ghana (BoG) in achieving its financial stability objective as mandated in Section 3 of the BOG Act, 2002 (Act 612) and as amended by the BOG Amendment Act, 2016 (Act 918), has developed an operational liquidity assistance framework for banks, savings and loans companies and finance houses in the country.

The liquidity assistance framework include the Intraday Liquidity Facility (ILF) and Emergency Liquidity Assistance (ELA).

According to the Central Bank, the ILF is to support the efficient functioning of the payment and settlement systems whereas the ELA is to provide liquidity support to eligible and solvent banks, savings and loans companies, and finance houses (BSFs) facing temporary liquidity challenges.

The provision of the two liquidity assistance, the BoG notes, is designed to address weaknesses identified during the banking sector clean-up exercise.

“The framework aims to promote transparency, allow better liquidity planning by banks, savings and loans companies and finance houses, while protecting the balance sheet of the BoG,” noted the Central Bank.

Find below details of the BoG’s newly developed Liquidity Assistance Framework:

Bank of Ghana Liquidity Assistance Framework February 2021 1 by Fuaad Dodoo on Scribd

RelatedPosts

Cedi@60: Vice President Calls for Sustained Fiscal Discipline, Commends BoG for Restoring Confidence in the Cedi

Cedi@60: BoG Governor Hails Currency’s Resilience, Pledges Stronger Policy Transparency and Digital Innovation

GAB CEO Urge Ghanaians to Prioritise Use of Cedi 

Source: norvanreports
Via: Snr Fuaad Dodoo
Tags: and finance housesBank of Ghana (BoG)BanksEmergency Liquidity Assistance (ELA)Intraday Liquidity Facility (ILF)liquidity supportSavings and Loans Companies
No Result
View All Result

Highlights

GAB CEO Urges Ghanaians to Support Efforts in Safeguarding Cedi Stability

From Shells to Screens: Experience 60 Years of the Ghana Cedi in Augmented Reality

Gold Price Bounces Back Above $4,000

Ghana Risks Losing Competitive Edge in Oil Sector – Dr Theo Acheampong Warns

BoG Maintains High Short-Term Yields, Raises GHS3.13bn in Auction as Investor Demand Stays Firm

Republic Bank Ghana’s Assets Rise to GHS 9.76bn in Q3 2025 on Strong Loan and Cash Growth

Trending

Business

Cedi@60: Vice President Calls for Sustained Fiscal Discipline, Commends BoG for Restoring Confidence in the Cedi

October 28, 2025

Cedi@60: Vice President Calls for Sustained Fiscal Discipline, Commends BoG for Restoring Confidence in the Cedi Vice...

Governor of the Bank of Ghana (BoG), Dr Johnson Asiama,

Cedi@60: BoG Governor Hails Currency’s Resilience, Pledges Stronger Policy Transparency and Digital Innovation

October 28, 2025

GAB CEO Urge Ghanaians to Prioritise Use of Cedi 

October 28, 2025

GAB CEO Urges Ghanaians to Support Efforts in Safeguarding Cedi Stability

October 28, 2025

From Shells to Screens: Experience 60 Years of the Ghana Cedi in Augmented Reality

October 28, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.