Tuesday, November 30, 2021
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bank of Ghana

GH¢2.3 billion out of GH¢12 billion in assets recovered – BoG

Governor of the Bank of Ghana (BoG) has revealed an amount of GH¢2.3 billion out of GH¢12 billion in assets have been recovered by the receiver...

BoG says economy showing signs of rebound

Despite Ghana’s economy shrinking by 3.2 percent in the second quarter of the year, the central bank says the economy is on a recovery...

Cyber fraud pushes banking sector fraud up

Despite a 34.48 percent decrease in the number of cyber fraud cases from 174 cases in 2018 to 114 cases recorded in 2019, cyber...

Stringent measures in place to detect distressed financial institutions – BoG

Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, says the central bank has put in place stringent measures to rapidly detect possible...

Most of the collapsed banks were ‘Ponzi schemes’ – Ken Ofori-Atta

The Finance Minister, Ken Ofori-Atta, has said that most of the collapsed banks and financial institutions that became insolvent due to the financial sector clean-up...

5-year Cedi T-Bond to be issued this week

Government will this week issue a 5-year cedi-denominated treasury bond, with maturity in 2025. This is according to a notice issued by the Bank of Ghana on...

Banks will withstand credit shocks – BoG

The Bank of Ghana is confident that banks will be able to withstand the credit shocks caused by COVID-19 pandemic. The Governor of the Bank...

Terkper challenges Ghana’s debt figures published by BoG

Former Finance Minister, Seth Terkper, says Ghana’s total debt stock published by the Bank of Ghana does not reflect the true debt of the...

Bank of Ghana begins online payment service for Collateral Registry System

The Bank of Ghana (BoG) has introduced an online payment service for the Collateral Registry web-based system. The move according to the BoG is to...

Bank lending rates falling – BoG report

The surprisingly deep 150 basis point cut in the benchmark Monetary Policy Rate by the Bank of Ghana – from 16 percent to 14.50...

Latest news

I’m not Finance Minister’s son; I’m a private businessman – Tom Tom reacts to mischievous video

A Kumasi-based private businessman popularly known as TOM TOM has responded to some mischievous videos being circulated on social media by some NDC supporters...

Stakeholders collaborate to address deforestation and boost cocoa production

A stakeholders’ workshop to discuss measures to address deforestation and boost cocoa production in the Ahafo Region has been held at Goaso. It was also...

AfCFTA Secretariat rolls out ‘vision’ initiative backed by ‘super-app’

With barely two weeks left to the Extraordinary Summit of African Union Heads of State on 5th December, 2020, ahead of the expected start...

Ghana’s Port now a preferred choice of shipping lines due to operational efficiencies – Michael Luguje

The Director-General of the Ghana Ports and Harbours Authority, Michael Luguje has revealed that developments in Ghana’s ports have positioned the country at a...

Staff of Holiday Inn hotel demand payment of 8 months salary arrears

Some aggrieved staff of the Holiday Inn Hotel, Accra, have requested for payment of their salaries. The group, as part of efforts to demand their...
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