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Banking industry records 4.2% contraction in shareholders’ funds – BoG

Shareholders' funds in the banking industry contracted by 4.2% to ¢25.4 billion in October 2023, according to the Bank of Ghana (BoG). This decline...

DDEP: Current state of banking sector concerning – Minority leader laments

Dr. Cassiel Ato Forson, the minority leader, has criticized the New Patriotic Party (NPP) administration for the problems the banking industry is facing. He claims...

FULL TEXT: Bank of Ghana hikes policy rate by 250 basis points to 24.5%

Good morning, Ladies and Gentlemen of the Media, and welcome to the press conference following this week's 108th Monetary Policy Committee (MPC) sessions. The Committee...

Environmental, social and governance impact on to banking sector (1)

Everyone has a role to play in achieving the Global Sustainable Development Agenda 2030, but the banking industry has a specific role to play...

Number of fraud cases in banking industry reduce to 12%, but loss value surges BoG

The number of attempted fraud cases in the banking industry reduced by 12.09% in 2021 to 2,347, a report by the Bank of Ghana...

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