Tag: BoG
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...
Business
BoG extends minimum capital requirement for PSP to December
The Bank of Ghana (BoG) has extended the deadline of meeting the minimum capital requirement for Payment System Providers (PSP) from June to December,...
Business
Counting machines help maintain integrity of money business – BoG
Mr Kennedy Adu, Director of Banking Department at the Bank of Ghana (BoG) on Thursday said improved money counting machines will help maintain integrity...
News
We havent received our monies despite Receivers promise Customers of S&L
The Coalition of Affected Savings and Loans Customers (CASLOC) says none of the over three million members of the group has retrieved their locked...
Business
BoG begins market surveillance to sanction entities who charge in dollars
The Bank of Ghana, BoG says they will sanction institutions and individuals who still charge in foreign currencies by flouting the Foreign Exchange Act....
Business
Pay us or lose our votes Customers of Gold Coast to govt
The Coalition of aggrieved customers of Gold Coast Fund Management (GCFM) has threatened to vote against the New Patriotic Party if their locked up...
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