Tag: BOG
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Ghana Slams 5-Year Lending Ban on Dishonest Borrowers
Ghana's central bank has imposed severe new penalties for deliberate loan defaults, including a five-year ban from accessing credit.
The Bank of Ghana announced the...
Ghana Credit Searches Double as Digital Lending Booms
Financial institutions conducted 29.5 million credit checks in 2024 – more than double the previous year’s total as digital loans and data-driven lending transformed...
Ghana Importers Demand Port Overhaul and Unified Forex Rate
Ghana’s Importers & Exporters Association (IEAG) has issued a sharp call for sweeping reforms at the country’s ports, citing inefficiencies that undermine competitiveness and...
BoG Chief Demands Banking Shift from Government Debt to Business Lending
Bank of Ghana Governor Dr. Johnson Asiama has challenged commercial banks to pivot sharply from "risk-free" government securities toward financing productive private enterprises, calling...
Ghana Central Bank Eyes Earlier Rate Cut Amid Inflation Easing
Bank of Ghana Governor Dr. Johnson Asiama has signaled a potential unscheduled policy meeting to further reduce interest rates if inflation continues declining through...
