Home Tags BOG

Tag: BOG

Adhere to Corporate Governance Standards – BoG

0
Dr Ernest Addison, Governor, Bank of Ghana (BoG), has urged owners and directors of banks and other financial institutions to strictly adhere to...

BoG urges Police to help identify hidden unlicensed financial institutions

0
The Bank of Ghana (BoG) on Wednesday called on the Police Service to help it to identify hidden and unlicensed financial institutions that might...

Sekyere Rural Bank records impressive profit growth in 2018

0
The Sekyere Rural Bank has recorded a huge profit growth of 481 percent in the 2018 financial year. The Bank’s profit before tax this year...

APEX Bank secures eight million dollars to roll-out agency banking

0
The ARB Apex Bank has secured eight million dollars in grant from the World Bank to roll-out agency banking operations to expand rural...
court

High Court orders complainants to file defences to Nduom’s case

0
An Accra High Court has ordered the Bank of Ghana (BoG), the Attorney-General (AG) and the Receiver of GN Savings and Loans...

BoG, IFEJ train journalists on monetary policy operations

0
A training workshop on Monetary Policy and Financial Stability Reporting has been held for members of the Institute of Financial and Economic to improve...
Treasury bills

Ghana Lures Nigerian treasury bills investors with 18 percent rate

0
Last week, in line with expectations, the Central Bank of Nigeria (CBN) crashed the stop rates of treasury bills to a single digit and...
Verve logo

Verve Cross Border Launch – Address By Mike Ogbalu III

0
Good morning esteemed ladies and gentlemen, partners, colleagues in the financial industry and distinguished members of the Press. I want to recognize the presence of...
Mtn Momo @ Stakeholders Forum In Accra

Mobile Money services to boost financial inclusion in Ghana – MTN

0
As part of efforts of making Mobile Money the main medium for cash transactions in the country; Telecoms Giant, MTN Ghana has taken another...
Alexander Kofi-Mensah Mould

Ghana’s Banking Crisis Part 1 The Blame Fits BoG

0
The current crises within Ghana’s banking sector has left us all perplexed; with many unanswered questions. On one hand we are being asked not...
Governor of the Bank of Ghana, Dr. Ernest Addison

BoG Retains Policy Rate At 16%

0
The Central Bank of Ghana's Monetary Policy Committee, has retained the policy rate unchanged at 16 percent. At a press conference in Accra on...
Bank of Ghana to introduce upgraded banknotes

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

0
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

BoG Supports Ghana’s Cardiothoracic Centre

0
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...
Bank of Ghana

BoG Confirms That 23 Banks Have Met GHC 400 Million Recapitalization

0
There are now 23 universal banks operating in Ghana, following the recapitalisation exercise that ended at the close of business on 31st December 2018,...
Menzgold is facing mass withdrawals

Mediation Awaits Menzgold, BoG and SEC

0
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

Bank of Ghana pegs benchmark policy rate at 17%

0
The Bank of Ghana announced on Monday its decision to hold the benchmark policy rate at 17 percent. This decision comes in the wake of...
Bank Of Ghana

BoG has no capacity to monitor mobile money activities

0
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

0
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%

0
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

Dr. Addison Says BoG Will protect Ghana’s financial market

0
The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has observed that the rolling out of the Mobile Money Interoperability Payment System...
Mobile Money

BoG Reveals That Mobile Money Transactions Stands At GHc52.35 billion

0
Mobile money transactions have increased by about 177 per cent between 2013 and March 2018, reaching GHc312. 93 million and valued at GHc52.35 billion...
Bank of Ghana

BoG insists on minimum paid-up capital

0
The Bank of Ghana (BoG) directive to all banks to comply with the minimum paid-up capital of GH¢400 million by December 2018 still stands,...
Bank of Ghana

Ghana’s Credit Reporting and Collateral Registry Opened

0
The Bank of Ghana (BoG), in collaboration with the International Financial Corporation (IFC), has launched a one-year financial literacy, Public and Awareness Campaign on...
Mr Robert Adamu, Head of Support Services Department of GCB assisting the Paramount Chief of Tefle Traditional Area to commission the Sogakope branch of the Bank.

Chief Advises Ghanaian Banks on Credit Affordability

0
The Paramount Chief of Tefle Traditional Area, Togbui Nukaku Dugbaza, has called on the Bank of Ghana and commercial banks especially GCB Bank to...
banks

Ghana’s Council of State makes recommendations towards protecting depositors’ interests

0
The Council of State has given backing to measures taken by the Bank of Ghana (BOG) to protect the interests of depositors. It asked that...
Bank of Ghana

BoG Drops Lending Rate To Commercial Banks From 20% To 18%

0
The Bank of Ghana's Monetary Policy Committee on Monday announced a reduction in the policy rate by 200 basis point, indicating a drop of...
cyber_attack_text

Banks To Soon Publicise Their Specific Cyber Security Policies – BoG

0
In a speech read on his behalf at the opening of the digital banking and cyber security summit organized by the Standard Chartered Bank...
cyber_attack_text

BoG directs financial houses to make public their cyber security policies

0
The Bank of Ghana would soon require financial institutions to publish bank-specific cyber security policies in line with the provisions in the Payment Systems...
Bank of Ghana

KPMG To Manage Affairs Of uniBank – BoG

0
The Bank of Ghana (BoG) has taken over uniBank Ghana Limited, and hence forth be managing the day to day affairs of the local...
Bank of Ghana

BoG Out With Yearly Percentage Rates On Loans

0
The Bank of Ghana on Friday released its latest data on Annual Percentage Rates (APR) of interest charged on loans and credit advances and...