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We have enough reserves to keep cedi stable in 2021 BoG

Governor of the Bank of Ghana, Dr. Ernest Addison, has said measures have been put in place to ensure the stability of the cedi in 2021. The...
Business

First and Second Deputy BoG Governors inducted as CIB honorary fellows

The First and Second Deputy Governors of the Bank of Ghana have been inducted as Honorary Fellows of the Chartered Institute of Bankers (CIB)...
Business

Money supply showed significant expansion in the first ten months of 2020 – BoG

Of the total debt stock, domestic debt was GH¢135.3 billion, 35.1% of Gross Domestic Product (GDP), of which the financial sector bailout accounts for...
Business

Scale up support for SMEs Freda Duplan to BoG

The Board Chair of the Zenith Bank, Freda Duplan, has asked the Bank of Ghana (BoG) to make deliberate efforts to support small and...
Business

License Ghanaian banks to provide Islamic products Gatsi tells BoG

Commercial banks in Ghana that are interested in rolling out Islamic products should be given the license by the Bank of Ghana (BoG) to...
Business

Mahama did not borrow from BoG to finance 2016 budget – Terkper

Former Minister of Finance, Seth Terkper has denied claims that the erstwhile Mahama administration borrowed from the Bank of Ghana (BoG) to finance the...
Business

REPO trading goes online from October 1 – Bank of Ghana

The Bank of Ghana has announced that the trading of Repos in Ghana will go online from October 1, 2020, allowing trades to be executed in...
News

Ex-Venture Capital CEO, others begin refunding money to state

The three former officials of the Venture Capital Trust Fund who were convicted have started refunding money to the state per the arrangement with...
Business

It didn’t make sense to continue supporting the collapsed banks – Bawumia

Vice President Dr Mahamudu Bawumia says government had no option than to shut down some banks and financial institutions in the country. He said even...
Business

Cheque fraud in Ghana increased in 2019 BoG

The number of cheque fraud cases increased marginally by 2.56 per cent from 39 cases in 2018 to 40 cases in 2019, the Bank of...
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