MoMo Fraud On The Rise – Bank Of Ghana Warns
The Director of Fintech and Innovation at the Bank of Ghana, Mr. Kwame Oppong, says cases of mobile money fraud are on the increase, with fraudsters devising various means to scam….
Tag: bank of ghana
Cedi Will Appreciate Soon With Sufficient Buffers – BoG Governor
The Bank of Ghana (BoG) has affirmed that it is increasing its reserves to prevent the cedi’s depreciation against major foreign currencies as demand for forex is expected to rise during the….
BoG Directs Banks To Submit Strategies Aimed At Reducing Financial Fraud
The Bank of Ghana (BoG) says it has tightened its supervisory and monitoring systems in the financial sector to reduce the alarming number of fraud cases. This was after its….
Next Of Kin Does Not Automatically Inherit Bank Accounts – BoG
The Bank of Ghana (BoG) has advised the public to carefully consider their choice of next of kin, stressing that they select someone who is not only of legal age….
World Bank Lauds Bank Of Ghana’s Inflation-Fighting Success
The Bank of Ghana’s robust independence has garnered commendation from the World Bank. The World Bank highlighted the Central Bank’s critical role in successfully implementing policy reforms to curb inflation….
Bank Of Ghana Not Bankrupt – Otabil
The Director of Communications of the Bank of Ghana, Mr. Bernard Otabil, said that as a matter of public interest, central banks all over the world have registered losses in….
BoG Defends License Revocation Of GN Bank Citing Major Regulatory Breaches
The Bank of Ghana (BOG) has defended its 2019 decision to revoke GN Bank’s license, citing significant regulatory breaches as the primary justification. According to the Central Bank, GN Bank’s failure to comply….
BoG Vows To Tackle FX Market Headwinds
The Bank of Ghana (BoG) has moved to calm the forex markets, with Governor Dr. Ernest Addison assuring that the central bank has built up “enough reserves to tackle the….
BoG Urges Banking Sector To Embrace Innovation
The Bank of Ghana (BoG) has called on the banking and finance industry to prioritize innovation, adaptation, and evolution to meet the changing needs of the sector. This clarion call was made….
BoG Governor Backs Government’s Gold For Oil Policy For Economic Stability
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, reaffirmed his strong support for the government’s Gold for Oil policy, emphasizing its crucial role in bolstering the nation’s….