Tag: Bank of Ghana
24.5% BoG Policy Rate To Make Loans More Expensive
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has increased the Policy Rate by 250 basis point to 24.5%.
This is...
Ghana’s Debt Hits Gh 402bn In July, 2022 – BoG
Ghana’s public debt stock went up by ¢9 billion in July 2022 to ¢402.4 billion, the October 2022 Bank of Ghana Summary of Economic...
Bank Of Ghana Warns Quick Loan Debtors
Defaulters of mobile money loans have been advised to make repayment plans with their service providers or risk facing stiffer consequences that could deny...
BoG To Buy 125k Ounces Of Gold From Producers
Bank of Ghana (BoG) will purchase 125,000 ounces of Gold from producing member companies of the Ghana Chamber of Mines between now and December...
Support Bank of Ghana To Sanitize Forex Bureau Sector – BOG
The Bank of Ghana is urging stakeholders within the financial sector to step up their collaborative efforts to ensure that the forex bureau sector...
BoG Builds Capacity Of Journalists
The Bank of Ghana (BoG) has organized a two-day intensive capacity building workshop for some selected Journalists in the Northern Zone of Ghana on...
BoG Blacklists 19 Illegal Loan Firms
The Bank of Ghana (BoG) has cautioned the public against doing business with some 19 unlicensed loan firms.
“Bank of Ghana has observed that a...
Forex Bureaus Operating Illegally To Be Clamped Down By BOG
The Bank of Ghana has disclosed plans to begin closing down forex bureaus flouting the laws governing foreign exchange operations.
This is part of efforts...
Borrowing Cost To Go Up As Bank of Ghana Raises Policy...
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has increased the policy rate by 300 basis points to 22%.
The increase in...
Total Advances To Private Sector Hit GH¢24.6Bn
Credit to the private sector is recovering to the pre-pandemic levels as it reflects commercial banks’ portfolio rebalancing.
Total new advances to the sector as...
