Bog

Bank of Ghana gold reserve increases — Governor

uniBank Case: Fictitious loans in excess of ₵1bn were created in the names of identified customers – Receiver tells court

BoG assures Savings and Loans Companies of support to address high NPLs, funding costs

Parliament to subpoena BoG Governor, Dr. Addison for failing to file financial statement

Ghana overtakes Egypt with highest interest rates among 15 top African countries

Former BoG Deputy Governor, Millison Narh has died

BoG to sell $120m to BDCs in quarter 3, 2023

BoG partners IFC to train, build capacity of financial sector players

Ghana Armed Forces, Bank of Ghana conduct “Exercise Resolute Response”

BoG warns Savings & Loans Companies over increasing interest cost, NPLs

Urgently work with BoG to address high inflation; expand tax net instead of introducing new ones – GNCCI to government

Cedi to continue stability against dollar, others this week

DDEP: Rural Banks investors unhappy with BoG directive to halt dividend payment

Stay calm amidst suspension of FX licenses of 2 banks – ACI to public

BoG blamed for financial sector mess – Research reveals

Interest rates to remain high till end of 2023 – Joe Jackson

Our banking operations not affected by BoG forex suspension – Fidelity Bank

We have made temporary arrangements with partner banks to complete foreign exchange deals – First National Bank

Collaborate to support small businesses with loans – BoG to financial services players

Dollar demand pressures ease, as cedi gains 0.21% in value last week

79,364 assets registered as collateral by Banks and SDIs in Q1 2023 – BoG

Collateral registration: Value of secured loans by banks and SDIs falls to ¢5.26bn – BoG

Inflation targeting framework is force behind Ghana’s economic growth – Dr. Maxwell Opoku Afari

T-bills: Government records marginal oversubscription; but interest rates hit 29.2%

Digital transformation key to unlocking intra-Africa trade – BoG Governor

Government interest payments, capital expenditure fall but compensation up 6.4% in quarter 1, 2023

Inflation to remain above 10% until end-2025 – BoG

Pressure on cedi to continue; depreciated 0.85% to dollar last week

Private sector credit slows down to ¢64.9bn in April 2023 – BoG

T-bills auction: Government’s target down by ¢771m; interest rates rise to 28.9%

Banks lost ¢56m to fraud in 2022 – BoG

BoG partners with security agencies to crack down on online loan firms with high-interest rates

Banking shareholders’ funds contract by 20.15% to ¢21.1bn

Banks investments contract to ¢83.3 billion in April 2023 due to DDEP – BoG

Desist from 97 unlicensed entities providing loans through mobile applications – BoG warns

Banks wrote off ¢1.08bn as bad loans in 4 months of 2023; NPLs reach ¢13.1bn

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