Bog

Total value of mobile money transactions hit GH¢2.368trn in October 2024

Domestic economy remains stable – BoG

T-bills: Government’s target fall short by GH¢2.26bn; interest rate still rising

Mobile Money transactions hit 728m, valued at ¢298.6bn – BoG

Ghana’s gross reserves hit $7.92bn as of November 22, 2024 – BoG

BoG assures recent rebound of cedi to continue; one dollar equals GH¢16.50

Business confidence improves, but consumer confidence remains unchanged – BoG

Monetary Policy Committee keeps policy rate at 27%

Ghana’s public debt falls by GH¢46.8bn to GH¢761.0bn in October 2024

Secured loans: Greater Accra accounts for 62.8% of total loans; GCB records highest of 16.4%

Building create jobs, increase property values and enhances economic growth – 1st Deputy Governor

Leasing companies record lowest lending rate of 13.8%; MFIs highest with nearly 50% – BoG

95,340 collateral registrations recorded in quarter 3, 2024 – BOG

Ghana Gold Coin goes on sale: A quarter ounce at GH₵11,188.12 on Nov. 26

Cedi’s recovery continues; one dollar going for GH¢16.70

BoG Governor calls for increased preparedness to respond to emerging financial sector challenges

Akufo-Addo applauds BoG Governor, his two deputies for prudent economic management

New BoG head office will reduce cost of operations – Dr. Addison

New BoG head office “The Bank Square” is a symbol of economic progress – Akufo-Addo

Cedi stages recovery against dollar, others; one dollar equals GH¢16.79

Suspension of Foreign Exchange Licence does not affect normal banking operations – CBG

BoG suspends Foreign Exchange Trading Licence of CBG for one month, effective Nov. 26

Cedi begins week promisingly despite heightened demand pressures: One dollar equals GH¢17

Internet banking customers increased by 16.60% to 1.317m in 2023 – BoG

Number of secured loans granted to women-owned businesses far outstrips male counterparts – BoG

Over $14.6m, £2.4m, and GH₵167.8m found in dormant accounts at BoG – ILAPI

High inflation is due to monetary policy failure – IEA

Cedi records year-to-date loss of nearly 29%; one dollar going for GH¢17.10

Liquidity risk remains well-contained in banking industry – BoG

BoG reiterates commitment to reducing NPLs

T-bills: Government records another marginal oversubscription but interest rates surge

DDEP: Insurance industry reduce holdings in government securities, BoG bonds

Phase 2 of DDEP had relatively low impact on 2023 audited financial performance – BoG

BoG Governor urges IMF to continue leading in debt restructuring and relief efforts for heavily indebted countries

Women must be encouraged to use bank accounts, not just open them – 2nd Dep. Governor of BoG

Elsie Addo Awadzi writes: Looking beyond access: why getting women to use financial products effectively is what really matters

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