The Bank of Ghana has unveiled a series of sweeping regulatory measures aimed at restoring local decision-making authority in foreign-owned banks, addressing rising concerns over asset quality, and tightening consumer….
Ghana’s economy has expanded significantly in nominal terms, reaching a total value of GH¢1.4 trillion as of end-March 2025, according to data from the Bank of Ghana. The new figure represents….
The Bank of Ghana (BoG) has initiated an investigation into the reintroduction of transfer charges by some commercial banks, following the recent removal of the Electronic Transfer Levy (E-Levy). The probe comes….
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) will begin its 124th meeting today to review macroeconomic developments in the country. The policy rate is currently at….
The Bank of Ghana (BoG) has clarified that existing rules on foreign exchange withdrawals remain in force. This follows claims by BoG board member and Bolgatanga Central MP, Isaac Adongo,….
At least 155 staff of banks and specialised deposit-taking institutions (SDIs) were dismissed in 2024 for their involvement in fraudulent activities, the latest annual fraud report from the Bank of….
The attempted fraud cases in banks and Specialised Deposit-Taking Institutions (SDIs) sectors decreased by 18% in 2024 compared to 2023. However, this decrease resulted in an 11% increase in the….
The Bank of Ghana, in collaboration with the Ministry of Finance, has released a revised list of institutions authorised to operate as Primary Dealers (PDs) and Bond Market Specialists (BMS)….
The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has disclosed that the central bank is poised to begin regulating cryptocurrency platforms and virtual asset providers by the….
The Bank of Ghana Governor(BoG), Dr. Johnson Asiama, has urged commercial banks to exercise prudence in adjusting their lending rates following the increase in the policy rate. According to him,….
