The Bank of Ghana has approved the recapitalisation plans submitted by undercapitalised banks, the Staff Report by the International Monetary Fund dubbed “2023 Article IV Consultation” has stated. Undercapitalised banks….
Pressure is mounting on the Monetary Policy Committee of the Bank of Ghana (BoG) to reduce the policy rate to enable a positive effect on the cost of borrowing in….
The Governor of the Bank of Ghana, Dr. Ernest Addison, has stated that his administration started with a robust fiscal stance as the central bank financing from 2017 through to….
Credit risk remained elevated during the third quarter of 2023, reflecting the sharp increase in the stock of non-performing loans in the banking industry, which translated into a higher NPL….
The President, Nana Addo Dankwa Akufo-Addo, has commended the Bank of Ghana (BoG) for the role it has played in the last seven years to maintain economic stability and development….
The Bank of Ghana has cautioned consumers against schemes that advertise sophisticated products to the general public that are not easily understood. According to the Central Bank, the scheme may….
Government will borrow ¢94.4 billion via treasury bills in 2024 to finance its expenditure. This includes ¢31.8 billion buffer for auction shortfalls. Analysts believe the government will continue the excess….
The Governor of the Bank of Ghana, Dr Ernest Addison has highlighted the central bank’s resilience in supporting the economy during the 2022 crisis, stating that the BoG deserves “applause”….
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has disclosed that the Ghana Financial Stability Fund has taken off. He made the announcement at a press briefing….
Interest rates returned to upward trajectory for the first time in a month, as the government continued to borrow heavily on the money market to finance its expenditure. According to….
