Tag: BoG
Business
BoG introduces online payment service for collateral registry
The central bank has introduced an online payment service for the Collateral Registry web-based system.A notice issued by the Bank of Ghana (BoG) indicates...
Business
BoG receives 30 weekly complaints from public on banking issues
The Market Conduct Office of the Bank of Ghana receives an average of 30 weekly complaints from the public.This follows the completion of the...
Business
BoG introduces online payment service for the collateral registry system
In addressing the inconveniences associated with the existing pre-paid mode of payment, Bank of Ghana (BoG) has introduced an online payment service for the...
Business
Cash transactions drop due to lockdown BoG
The Bank of Ghana (BoG) has noted that the use of electronic means of payment went up due to the partial lockdown of Accra...
Business
BoG gives GHC10m to COVID-19 Trust Fund
After President Nana Addo Dankwa Akufo-Addo, his vice and appointees donated their 3-month salary to the COVID-19 Trust Fund, many people including some members of the opposition...
Business
BoG extends deadline for meeting minimum capital requirements
The Bank of Ghana (BoG) has extended the deadline for meeting the minimum capital requirements for the banking and specialised deposit-taking institutions, as well...
Business
GUTA wants BoG to force FIs to waive loan repayments for six months
The Ghana Union Traders Association (GUTA) wants the Bank of Ghana to compel all financial institutions to waive loan repayments for businesses as directed...
Business
BoG intensifies education on electronic payments
The Bank of Ghana (BoG) has encouraged stakeholders in the financial sector to intensify public education and sensitisation on the new electronic payment system...
Business
Bank of Ghana asks banks to seek approval before payment of dividends
The Bank of Ghana (BoG) has asked banks and Specialised Deposit-Taking Institutions (SDIs) to seek its approval in writing before the declaration and payment...
Business
Bank of Ghana cuts policy rate by 150 points over Coronavirus [COVID-19]
The Bank of Ghana has reduced its benchmark policy rate by 150 basis points as its first response to the strain that the Coronavirus...