Bog

Ghana’s gross reserves dips to $8.34bn in April 2022

Banks register ¢2.9bn profit in 4-months of 2022

Strong economic growth to persist, but consumer and business confidence dip – BoG

BoG increases policy rate to 19%, cost of credit to go up

Government to pay 25% interest for 3-year bond

Average lending rate rises to 21.6% in April 2022 – BoG

Mobile Money transactions register 9.99% year-on-year growth in 4-months of 2022

Ghana’s public debt hits ¢391bn as of quarter 1, 2022

Government must complement monetary policy with sound fiscal measures – Economist

Money market yields trend upwards as investors seek positive real returns – Report

Economy growing strongly, data suggests robust pick-up – Governor

Cost of borrowing to go up again, as MPC begins 106th meeting

IEA projects 19% policy rate; describes inflation targeting framework as inefficient

Ghana may be heading for further downgrade if indicators don’t improve – Terkper

Interest rates surge further; cost of credit to go up

Inflation could hit 40% if current trajectory continues; implement fuel price control – Financial Analyst

Government, BoG under pressure to address rising inflation

It’s unlawful for financial institutions to quote interest rates daily, monthly – BoG

Government to pay extra interest rate for 5-year, 2-year bonds

Cedi depreciation slows, but declines in value by 19% in 4 months of 2022

Report accurately to calm financial markets – First Deputy Governor tells journalists

It will take time before crypto currency is regularised in Ghana—AZA Finance Country Manager

Cedi to record modest gains against dollar in coming months – Fitch Solutions

Seek permission from BoG before quoting in dollars – GREDA Boss to members

Cyber Security Authority and Association of Bankers collaborate to secure digital ecosystem

BoG monetary policy actions, others contributing to under-subscription of weekly T-Bills sale

BoG promises to continue to promote inclusive financial system

Let’s be intentional to review workplaces to help deserving women into leadership – 2nd Deputy Governor

BoG directive on Borrowers and Lenders Act: Banks given powers to easily dispose off collaterals – Atuahene

BoG to soon license new Savings & Loans firms; confidence restored – GHASALC

Apply Borrowers and Lenders Act on defaulters including sue – BoG to banks

BoG spent ¢179m to print cedis in 2021

BoG registers ¢1.23bn profit in 2021

Investments remain banks’ largest income; constitute 48.5% of assets – BoG

Banks write off ¢349.36 million as bad debt in February 2022 – BoG

Government to borrow ¢4.59bn fresh loans in quarter 2, 2022

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