Tag: BoG
BoG Explains Cost Of GH¢8.3bn On Market Operations
The Bank of Ghana (BoG) has clarified the cost incurred on its open market operations, which contributed largely to the Bank’s loss position in...
KfW Ghana Lauds BoG, DBG For Supporting FinTechs
The Country Director of German Development Bank (KfW), Arndt Wierheim, has commended the organisers of the 3i Africa Summit, the Bank of Ghana (BoG)...
We’ll Address Issues Of Illegal Mobile Money Charges – BoG
The Bank of Ghana says there are ongoing discussions among relevant authorities to address concerns regarding unauthorized deductions on mobile money transfers.
This development arises...
Commercial Banks May To Implement G4O Policy – BoG
The Bank of Ghana (BoG) is considering empowering commercial banks to take over the implementation of the Gold for Oil Policy.
Two years into the...
BoG, Telcos Join Forces To Curb Illegal Loan Apps
The Bank of Ghana (BoG) says it is working with the telcos to clamp down on the activities of fraudsters behind loan apps which...
BoG To Provide Liquidity Support To Banks
The Bank of Ghana (BoG) has reiterated its commitment to provide emergency liquidity support for banks in the country in line with their rules...
Ghana’s Debt Drops To GH¢434.6Bn – BoG
Data from the Bank of Ghana (BoG) indicates that the country’s public debt stock fell by GH¢141.1 billion in December 2022 to end the...
Cedi Lost Value By 19.1% To dollar In January – BoG
The Ghana cedi depreciated by a substantial 19.1% to the US dollar in the first month of 2023.
According to the Bank of Ghana’s January...
BoG, MAS, DBG Partner To Form Financial Ecosystem
Ghana’s Micro, small and medium enterprises (MSMEs) sector is expected to receive a major boost as the Monetary Authority of Singapore (MAS), Bank of...
Ghana Will Soon Overcome Economic Challenges – BoG
The second Deputy Governor of the Bank of Ghana (BoG) has stated that even though economies around the world will face difficult times, Ghana...
