BoG outlines rules for implementation of Borrowers and Lenders Act to banks, SDIs

April 20, 2021

The Bank of Ghana (BoG) in a notice issued on Monday, April 19, 2021, has outlined rules and procedures needed ...

Ernest Addison, governor of the Bank of Ghana, reacts during a Bloomberg Television interview in London, U.K., on Tuesday, Oct. 23, 2018. The global policy tightening cycle could cause "significant challenges" for Ghana after the nation cut its key lending rate to a four-year low, Addison said during the interview. Photographer: Chris Ratcliffe/Bloomberg via Getty Images

BoG toughens sanctions on dud cheque issuance

March 12, 2021

The Bank of Ghana (BoG) has toughened sanctions on the issuance of dud cheques by customers of banks and Specialised ...

Public and private money can coexist in the digital age

February 19, 2021

We value innovation and diversity—including in money. In the same day, we might pay by swiping a card, waving a ...

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

February 5, 2021

The Bank of Ghana (BoG) in achieving its financial stability objective as mandated in Section 3 of the BOG Act, ...

Monetary policy rate still 14.5%

February 1, 2021

The Bank of Ghana's (BoG) Monetary Policy Committee (MPC) has once again maintained the Monetary Policy Rate (MPR) at 14.5 ...

9.9% annual growth recorded in bank deposits

November 26, 2020

Total deposits recorded by banks for the period between October 2019 and October 2020, increased by some 9.9 per cent. ...

Banks’ systems at risk of cyber-attacks – Abiola Bawuah warns

September 7, 2020

As banks increasingly allow some staff to work remotely, especially at home, the likelihood of cyber-attacks is higher than working ...

Repos trading between banks set to begin October 1

September 2, 2020

Trading of Repurchase Agreements (Repos) based on the Global Master Repurchasing Agreement (GMRA) between banks in Ghana, is set to ...

Tag: Banks