Browsing Tag
Bank of Ghana
21 posts
BoG debunks report about the introduction of ¢500 coin
The Bank of Ghana (BoG) has denied reports about the issuing of ¢500 coin. The BOG said it…
Bank of Ghana raises Mobile Money transaction limit
The Bank of Ghana has stated that it has raised the transaction and wallet limitations for mobile money…
Bank of Ghana studying ways to regulate Cryptocurrency
Dr. Ernest Addison, the Governor of the Bank of Ghana, has hinted that the institution is working on…
The Bank of Ghana Has Started A Digital Money Testing In Sefwi Asafo.
The Bank of Ghana has begun testing the country’s first digital currency, the ‘e-Cedi,’ in the country’s Western…
Desist from illegal forex activities – Bank of Ghana warns
The Bank of Ghana issued a public warning to companies, institutions and individuals to desist from unauthorized transactions…
Profit of Banks in Ghana increased by 18% in 2-months of 2022 – BoG
According to the Bank of Ghana, trends in the financial soundness indicators remained positive, underpinned by strong solvency,…
Policy rate increases; cost of loans to go up – BoG
The Monetary Policy Committee of the Bank of Ghana has increased the policy rate – the rate at…
Mobile Money transactions increases by 13% year-on-year growth to in January 2022
According to the Bank of Ghana, Mobile Money transactions in the first month of January 2022 grew by…
Interest rates in Ghana on the rise
Interest rates continue to surge on the domestic market as challenges within the fiscal economy lingers on. According…
Bank of Ghana plans to phase out GH¢1, GH¢2 notes and circulate more coins
Monday, September 27, 2021, The Governor of the Central Bank, Dr. Ernest Addison announce that the GH¢1 and…
53% of Staff involved in Banking fraud as Cases hit ¢1bn in 2020 – Bank of Ghana
The Total Value of reported fraud cases in the banking industry witnessed a substantial increase last year to…
Ghana Cedi forecast to end the year within ¢6.14 and ¢6.32 per dollar
Fitch Solutions, research arm of ratings agency, Fitch and Databank Research are forecasting slightly different end year rate…
Mobile money transactions hit GH¢ 476.7bn in First half-year
The total value of mobile money transactions propelled to ¢476.7 billion in the first half of this year,…
Bank of Ghana digital currency ‘e-Cedi’ to be piloted in September
The Deputy Governor of the Bank of Ghana, Dr Maxwell Opoku Afare has hinted that the digital currency…
Banks to use armoured bullion vans from Bank of Ghana
The Police Administration rescinded threats to withdraw police escorts on bullion vans used for carting money by banks…
Bank of Ghana on course introduce Digital currency, ‘E-Cedi’ – Deputy Governor
According to the Deputy Governor of the Bank of Ghana, Elsie Addo Awadzi, the BoG is still working…
‘Abolish unfair fees’ – Bank of Ghana sanctions Banks
The Bank of Ghana has directed all Banks and Specialised Deposit-Taking Institutions (SDIs) to desist from the imposition…
Bank of Ghana to pilot Digital currency, ‘E-Cedi’
The Bank of Ghana has disclosed that it is in advanced stages of rolling out a digital currency…
Bank of Ghana reduces policy rate to 13.5%
The Bank of Ghana (BoG) has slashed its benchmark rate, the policy rate by 100 basis points (bps),…
Central Banking Awards 2020: BoG wins Central Bank of the Year Award
The Bank of Ghana (BoG) has been honoured at the seventh Central Banking Awards. The Governor of the…