Tag: BoG
Business
Recapitalization of BoG in the offin to save bank’s credibility – Governor
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has announced plans for the recapitalization of the central bank, aimed at bolstering...
News
BoG withholds cost of new Head Office Building, directs Ayariga to PPA
The Bank of Ghana (BoG) has declined to disclose the complete cost of its new head office building to Mahama Ayariga, Member of Parliament...
Headline
BoG board members paid over GHC5m as allowance in 2022 – Report
Each of the 10 board members of the Bank of Ghana (BoG) received GH¢510,000 in allowances last two years, as reported in the central...
News
Persons, institutions that misused depositors’ funds during financial sector clean-up must be prosecuted – BoG
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has called on the government to take legal action against shareholders of banks...
Business
BoG’s foreign exchange reserves reach $907M
Dr. Ernest Addison, the Governor of the Bank of Ghana (BoG), has announced that the Central Bank has amassed foreign exchange reserves amounting to...
News
BoG made a loss of GHC47bn in 2023, not GHC10bn – Adongo reveals
Isaac Adongo, the Ranking Member of the Finance Committee of Parliament, has accused the Bank of Ghana (BoG) of falsifying figures related to the...
News
Ato Forson’s letter for the establishment of LCs was addressed to BoG – Richard Jakpa
The third accused person in the ambulance case trial, Richard Jakpa, has provided testimony asserting that the letter from the first accused, Dr. Cassiel...
News
Supreme Court supports BoG’s license revocation of UniCredit
The Supreme Court, in a unanimous decision, overturned the Court of Appeal's ruling and upheld the High Court's decision in the case involving The...
Business
Advance payment limit for imports raised to $200K per importer
The Bank of Ghana (BoG) has raised the maximum advance payment for the importation of goods and services to $200,000.This change is part...
Business
BoG needs recapitalization for violating guidelines that caused banking sector crises – Economist
Executive Director of Revenue Mobilisation Africa, Geoffrey Kabutey Ocansey, expressed the view that the Bank of Ghana might require recapitalization similar to the collapsed...
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