Bog

Banking industry: Shareholders’ funds contract by 4.2% to ¢25.4bn – BoG

Investments constituted largest component of total assets of banks as of October 2023; hit ¢103.7bn – BoG

Top 10 NTEs fell to $241.8m in quarter 3 of 2023; Tuna accounts for largest share of exports – BoG

Inflation to remain above medium target of 8%±2 – BoG

BoG is an institution of excellence; it saved banking sector from collapse – Akufo-Addo

Tourist arrivals up 17.8% year-on-year in Q3, 2023; Container traffic dips

Jobs advertised increased 16.6% year-on-year in quarter 3, 2023; Services sector accounts for 78% – BoG

Domestic economic activity improved in quarter 3, 2023 – BoG

Ofori-Atta praises BoG for aiding in reset of Ghana’s financial architecture

Ghana’s average inflation to hover around 18% in 2024 – Fitch Solutions

We have invested heavily in technology to correct bank weaknesses

Evidence is clear economy is responding to policies by BoG – Governor

Insights from BoG Governor: Unpacking pre-covid stability and post-covid crisis

BoG cautions public against schemes that advertise sophisticated products

Government to borrow ¢94.4bn via T-bills in 2024

Repatriate part of proceeds or face sanctions including jail terms – BoG warns exporters

Banks capital quality boosted due to implementation of Basel Capital Standards – Governor

Pace of cedi depreciation to slow down this week following BoG’s timely additional measure

Banking sector shows stability; banks record ¢7.10bn profit as of October 2023 – Governor

Domestic Gold Purchase Programme: BoG has purchased $1.14bn worth of gold – Governor

Ghana Financial Stability Fund has taken off – Governor

BoG’s losses in 2022 were necessary to save Ghana’s economy – Dr. Addison

T-bills auction: Interest rates return to upward trajectory; Government misses target by 30%

Payment industry records significant growth in 2022; value of interbank transactions up 20.24% – BoG

Economic stability taking shape; We will consolidate gains – 1st Deputy Governor

BoG increases minimum paid up capital of Credit Bureaus to ¢6m

BoG to close down some distressed NBFIs

Ghana attains all fiscal targets in line with IMF programme – BoG

IMF cash, cocoa loan to arrive before end of 2023 – BoG Governor assures

MPC keeps policy rate at 30%

Total Mobile Money transactions in 10 months of 2023 reach ¢1.527trn

Average lending rate surges to 32.69% – BoG

T-bills: Interest rates fall for 3rd week running; Government gets ¢5.008bn

Ghana’s gross reserves improve slightly to 1.1 month of import cover; Trade surplus increases to $2.058bn

Cedi depreciates 25.8% to dollar since January 2023 – BoG

Ghana’s public debt fell by ¢14.2bn to ¢567.3 in September 2023; fiscal deficit on target

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