Tag: BoG
Business
BoG intensifies effort to combat financial fraud
The Bank of Ghana (BoG) has intensified monitoring mechanisms within the financial sector to curb the rising number of fraud cases.This follows the release...
Business
Non-performing loans ratio in banking sector increased to 24.2% in 2023 – BoG
The Bank of Ghana’s July 2024 Monetary Policy Report has disclosed that the Non-Performing Loans (NPL) ratio in the banking sector increased to 24.2%...
Business
Banking sector’s financial health has strengthened – BoG
The July 2024 Bank of Ghana monetary policy report reveals a strong and profitable banking sector with improved capital buffers.Key indicators show a...
Business
SSNIT contribution by private sector surges by 2.4% – BoG Report
The Bank of Ghana’s Monetary Policy Report for July has revealed an increase in private sector contributions to the Social Security and National Insurance...
Business
Govt raked in GHC22.19bn from total direct tax collected in first 5 months of 2024 – BoG
The Ghanaian government recorded significant growth in direct tax collections for the first five months of 2024, raking in a total of GH¢22.19 billion,...
Business
Banking sector’s total assets rise by 33.3% to GHS323.2bn – BoG
The Bank of Ghana’s latest Monetary Policy Report reveals that the banking sector’s total assets surged to GH¢323.2 billion by June 2024, marking a...
Business
Ghana’s gross international reserves surge by $670m – BoG
Ghana’s Gross International Reserves (GIR) has recorded a significant increase, surging by US$670 million by the end of June 2024.According to the Central...
Business
Unauthorized lending platforms will be clamped down – BoG
The Bank of Ghana (BoG) has reaffirmed its commitment to cracking down on unauthorized lending apps that employ unethical practices to recover debts, including...
Business
Collateral registrations increase sharply in Q2 of 2024 – BoG
Bank of Ghana has reported that the second quarter of 2024 has recorded 80,873 in collateral registrations in it latest Collateral Registry Quarterly Brief.This...
News
I didn’t breach national security by probing BoG’s $20m transfer – Ablakwa
Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has defended his actions in sharing details of a $20 million transfer from the Bank...