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From next month clients are likely to pay more for any service?rendered to them by a bank.

Ghana’s banking sector reforms yielding positive results

The coming into force of the new rules by Bank of Ghana on the operation of banks has helped salvage the fortunes of the...
Integrity Discussion

Banks urged to support Ghana’s Oil Sector Growth

Mr Osei Gyasi, the Head of Banking Supervision of the Bank of Ghana, has urged banks to meaningfully support growth of the oil sector...
Money Wallpapers Hd

BoG prohibits pricing in foreign currency in Ghana

Regulator of Ghana's Financial sector, Bank of Ghana (BoG), has issued a statement prohibiting the charging and pricing of goods and services contracted...
Bank of Ghana to introduce upgraded banknotes

Ghana’s Upgraded Cedi Notes

The Bank of Ghana has released a clearer version of the upgraded cedi notes due to start circulation on May 6. The notes were signed...
Bank of Ghana to introduce upgraded banknotes

Bank of Ghana has no idea how much upgraded cedi notes will cost

The Bank of Ghana says it is yet to determine the estimated cost of the introduction of security enhanced features of new currencies. The Central...
Bank of Ghana to introduce upgraded banknotes

Bank of Ghana Would Soon Release Upgraded Banknotes

The Bank of Ghana says it will issue upgraded banknotes with enhanced security features into circulation on May 6, 2019. In a statement, the...
Bank of Ghana

Bank of Ghana Introduces Upgraded Banknotes Into Circulation

The Bank of Ghana today announced that it would issue upgraded banknotes into circulation on May 6, 2019. The upgraded banknotes will have enhanced security...
IMF

IMF Says Ghana’s Macroeconomic Position is Far Better

Dr Albert Tourna Mama, Ghana’s Resident Representative at the International Monetary Fund (IMF), says Ghana’s macroeconomic outlook is now better than five years ago...
Bank of Ghana

BoG Supports Ghana’s Cardiothoracic Centre

The Bank of Ghana has supported the Cardiothoracic Centre of the Korle Bu Teaching Hospital with GHC100,000 to enable it to provide support to...
Societe Generale

Societe General Ghana to offer the needed assistance for SMEs

Societe Generale (SG) Ghana says it is ready to increase support for small and medium scale enterprises (SMEs), following the meeting of the Bank...
Menzgold CEO Nana Appiah Mensah

Exposed! Calls on Menzgold CEO to be MP was a ploy

Even before the Bank of Ghana and the Securities and Exchange Commission (SEC) waded into the Menzgold saga, there were calls by some faceless...
Of Menzgold lie and government inactions

Court Throws Out Menzgold Suit Against BoG and SEC

An Accra High Court on Thursday dismissed a suit filed by Menzgold Ghana Limited against the Bank of Ghana (BoG) and the Securities and...
Bank of Ghana

BoG Commended for Banks Recapitalisation

Nana Appiagyei Dankawoso I, the President of the Ghana Chamber of Commerce and Industry, has commended the Bank of Ghana (BOG) for taking steps...
Bank of Ghana

BoG Withdraws The Licenses of Two More Banks

Ghana's central bank announced here late Friday the revocation of the operating licenses of two more banks, Premium Bank and Heritage Bank. Announcing the decision,...
GN Bank

GN Bank Becomes a Savings and Loans Company

The Bank of Ghana has approved the grant of a savings and loans company licence to GN Bank (GN), following the bank’s inability to...
Bank of Ghana

Bank of Ghana Provides Advisor for NIB

The Bank of Ghana has appointed an advisor for the National Investment Bank to help management to improve the affairs of the bank. Dr Ernest...

Credit To Private Sector Fell From 17.2% In 2016 To 14.7% In 2018

On Monday, December 3, 2018, I read a news report on Ghanaweb.com titled “we have managed our economy well – President”, attributed to the...

President Nana Addo To Commission AMA’s New Ultra-Modern Office Complex Today

The Accra Metropolitan Assembly (AMA) after over 100 years of operating in its colonial office building behind the Bank of Ghana on the Asafoatse...
Chilean flamingos are seen at the Municipal Zoo Quinzinho de Barros, in Sorocaba, Sao Paulo State, Brazil, on July 10, 2015. A flamingo in the zoo, which had its leg amputated, received a new prosthesis of 18 cm that was created from carbon fiber with silicone sleeve by orthopedic businessman Nelson Nole. (Xinhua/Rahel Patrasso) (vf)

IFEJ Flamingo Awards 2018 Shortlisted

Eleven financial journalists from both private and public media houses have been short listed for various awards for this year’s Business and Financial Journalism...
Bank of Ghana

Bank of Ghana maintains policy rate at 17 percent

Ghana's central bank announced its decision here on Monday to hold the benchmark policy rate at 17 percent. Governor of Bank of Ghana Ernest Addison...
Menzgold is facing mass withdrawals

Mediation Awaits Menzgold, BoG and SEC

The regulatory dispute between gold dealership firm, Menzgold Ghana Company Limited, on one side, and the Bank of Ghana (BoG) and Securities and Exchange...
Bank of Ghana

Ghana public debt stock jumps 3.3 percent by July – Central bank

The stock of Ghana’s public debt increased 3.3 percent to 159.4 billion Ghana cedis or 33.9 billion US Dollars by end of July, compared...

Government Geared Towards Protecting Interest Of Depositors And Investors

The Minister for Finance, Mr. Ken Ofori - Atta has assured Ghanaians that the clean-up in the financial sector was a move by government...
Bank of Ghana

Bank closure: Was the Bank of Ghana a prosecutor and a judge in its...

In what would be described a Rambo-styled takeover, the Bank of Ghana revoked the license of five local banks (uniBank, Sovereign Bank, Construction Bank,...
Bank of Ghana

Descend on Banks to Reduce Lending Rates – CEBRE Tells BoG

The Centre for Economic and Business Research (CEBRE), has called on Bank of Ghana as a matter of urgency to swiftly advise all financial...
Bank Of Ghana

BoG has no capacity to monitor mobile money activities

The government has indicated that, the Bank of Ghana (BoG) has no capacity to properly monitor mobile money activities, hence the decision to bring...
Bank of Ghana

Banker calls for separations of Supervision Department of BoG

A renowned banker in the country has called for the separation of mandate of the Bank of Ghana to help put the financial industry...
Governor of the Bank of Ghana, Dr. Ernest Addison

BoG Drops Policy Rate By 100 Basis Points To 17%

Bank of Ghana (BoG) has announced a marginal reduction in its key lending rate to commercial banks by a 100 basis points to 17...
Bank of Ghana

Top banking executive urges shakeup of Ghana’s central bank

As the Bank of Ghana intensified its efforts to sanitize the country’s banking industry a top banking executive urged the state here on Thursday...
capital requirement

Banks recapitalization: players panic over raising needed capital

As the time get closer to the deadline for all the banks to meet the new minimum capital requirement set by Bank of Ghana,...