Ghana’s banking sector’s performance improved as adverse spillovers from the domestic debt restructuring and macroeconomic challenges receded, Governor of the Bank of Ghana (BoG) Dr Ernest Addison, has said. As….
The Bank of Ghana has said its strong policies coupled with a relative exchange rate stability, and effective liquidity sterilization efforts pushed inflation down drastically. According to the January 2023….
Banks in the country are way ahead of their recapitalisation plans and are in line to restore their capitals before the 2026 deadline, Governor of the Bank of Ghana, Dr….
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….
