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BoG directs banks to submit strategies aimed at reducing financial fraud
BoG pledges to continue to bolster engagements with financial institutions to reduce fraud
Cedi records gains against dollar, others last week; one dollar going for GH¢16.41
Staff of banks involved in fraud increases by 46% in 2023; BoG expresses worry
Money lost through fraud cases in financial sector increased by 7% in 2023 to hit GH¢88m –BoG
T-bills auction: Government records marginal oversubscription; pays slightly more for 91-day bill
Deloitte Assurance Partner, nine others appointed members of National Sustainability Reporting Implementation Committee
There is some uncertainty regarding inflation path for year – BoG
Government spent GH¢101.21bn in half-year 2024
Banks wrote off GH¢1.048bn as bad debt in half-year 2024, 39% lower over previous year
Banking sector recovering from Post-DDEP, but asset quality remains a concern – Monetary Policy Report
Total assets of banking sector increase by 33.3% to GH¢323.2bn – BoG
Bad loans in banking sector grow by 49.4% to GH¢20.4bn – BoG
Banks shareholders’ funds grew sharply by 44.9% to GH¢32.3bn -BoG
Business confidence dipped due to rapid exchange rate depreciation in May 2024 – BoG report
New vehicle registration for first 5 months of 2024 increases by 10.2% – BoG report
Number of advertised jobs goes down marginally – BoG
Cedi depreciation to slow down this week as demand pressure subsides, one dollar equals GH¢16.28
BoG reaffirms commitment to clamp down unauthorized lending platforms
T-bills auction: Government misses target again; interest rates shoot up
Total value of secured loans by banks, SDIs in quarter 2, 2024 estimated at GH¢10.8bn
Total number of collateral registrations recorded in second quarter of 2024 hit 80,873
Next of Kin does not automatically inherit account of a deceased person – BoG
BoG takes on Ablakwa over $20m transfer claims, describes his actions as ‘unfortunate’
Next of Kin does not automatically inherit bank accounts – BoG
T-bills auction: Government misses target again, but interest rates ease
Cedi stability: Build 6 months of reserves, exhibit fiscal prudence – IEA to BoG, government
Cedi holds steady against dollar; one dollar going for GH¢15.90
BoG to offload shares in ADB; pledges to fix recurring problems in state-owned banks
We will maintain tight monetary policy stance until inflation is firmly declining – BoG
Cedi continues relative stability; one dollar going for GH¢15.87
Government to raise GH¢78bn via T-bills in quarter 3, 2024
Banks demand publication of businesses sanctioned by BoG for issuing dud cheques
Over $5bn worth of gold reserve realised under domestic gold purchase programme – BoG
Cedi to gain some respite against dollar this week; one dollar equals GH¢15.87
BoG sanctions 47 individuals, 245 business entities for issuing dud cheques
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