Tag: BoG
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...
Business
European Central Bank seemingly defends BoG on incurring losses
The European Central Bank (ECB) recently shed light on the sources of central bank profits and losses, underscoring that the primary mandate of a...
Headline
GN Bank didn’t engage in illegal foreign currency transfers, it had over GHC30m – Dr Nduom fights BoG
Groupe Nduom has contested the Bank of Ghana's (BoG) statements from August 16, 2019, regarding the revocation of GN Bank's license.The BoG, on...
Business
Video: Know your cash supply chain – BoG explains
Bank of Ghana (BoG) is the sole authority mandated to issue and redeem currency according to Section 35 of the Bank of Ghana Act...
News
CAGD and BoG won’t accept LCs without Finance Minister’s authorisation seal – Richard Jakpa tells court
Richard Jakpa, the third accused in the ongoing ambulance case, provided detailed insights into the procedural safeguards employed by the Ghanaian government for financial...
News
BoG reaffirms its decision regarding GN Savings & Loans collapse
The Bank of Ghana has reiterated its stance on the revocation of GN Savings and Loans Company's license, stating that it stands by its...
News
Your demand for 2023 financial statement, others is receiving attention – BoG to Ayariga
The Bank of Ghana (BoG) has responded to the queries raised by the Member of Parliament (MP) for Bawku Central, Mahama Ayariga, regarding losses...
News
BoG acknowledges receipt of Ayariga’s petition on 2023 losses, others
The Bank of Ghana (BoG) has responded to the demands made by the Bawku Central Member of Parliament, Mahama Ayariga, regarding information on losses...
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