Tag: BoG
News
BoG’s $250m headquarters sees the light of day despite opposition
As announced last year by the Bank of Ghana (BoG), its new headquarters, a 21-story structure situated in Ridge, has been completed and was commissioned...
Business
We’re committed to swiftly resolve concerns raised by BoG – CBG
Consolidated Bank Ghana (CBG) has reaffirmed its dedication to collaborating with the Bank of Ghana to reinstate its temporarily suspended foreign exchange trading license.“We...
Business
BoG to impose GHS12,000 penalty on Banks, SDIs for breaching outsourcing regulations
In order to strengthen governance and risk management standards, the Bank of Ghana has introduced a comprehensive outsourcing directive that applies to banks, specialized...
Business
New BoG headquarters worth $250m to be opened by Akufo-Addo on Nov 20
The Bank of Ghana (BoG) will officially open its new US$250 million headquarters, "The Bank Square," in Accra on November 20, 2024.The construction of...
Business
CBG’s forex trading licence suspended by the Bank of Ghana
Bank of Ghana has suspended the Foreign Exchange Trading Licence of Consolidated Bank Ghana (CBG) for one month, effective November 26, 2024.Citing Section 11(2)...
Business
BoG instructs financial institutions to quit partnership with Taptap Send on Remittance Termination
The Bank of Ghana (BoG) has instructed all financial institutions, including commercial banks and Enhanced Payment Service Providers, to cease their Remittance Termination Partnership...
Business
BoG suspends Taptap Send’s services with banks over regulatory breaches
The Bank of Ghana has imposed a one-month suspension, effective November 8, 2024, on Taptap Send’s partnerships with payment service providers and commercial banks.This...
Business
BoG suspends Taptap Send partnerships with EPSPs, banks over illegal cedi remittance operation
The Bank of Ghana (BoG) has issued a one-month suspension of all partnerships between Taptap Send and electronic payment service providers (EPSPs) and commercial...
Business
BoG urged to improved management of dormant accounts, access to deceased’s funds
The Bank of Ghana (BoG) is set to issue new directives to all commercial banks to enhance the process of identifying and accessing dormant...
Business
Dormant accounts worth over GH167. 8m, $14.6m, £ 2.4m with BoG – ILAPI report
A large sum of money has been reported by the Institute for Liberty and Policy Innovation (ILAPI) to be sitting in dormant accounts at...
Must read