Central Bank
Amend New BoG Act
Barely two months after parliament passed the Bank of Ghana (BoG) Amendment Bill, the International Monetary Fund (IMF)...
Minimum Capital Requirement For Banks To Hit GHC500m From 2017
The minimum capital requirement for commercial banks in the country could be increased to Gh¢500 million from next...
Banks Can’t Absorb US$1.8billion Cocoa Loan Inflow
Banks have admitted their inability to take the entire US$1.8 cocoa loan at once, an admission that supports moves by...
BoG To Auction Proceeds From Cocoa Syndicated Loan
Citi Business News has gathered that Ghana will soon start inviting bids for the auctioning of the foreign-exchange...
BoG To Increase Minimum Capital For Banks
The Bank of Ghana (BoG) has set up a technical committee to advice it on new modalities to be used in increasing the...
Cedi Stability To Be Sustained
The stability of the Ghana cedi against the major foreign currencies, particularly the United States dollar, is...
BoG Waters Down Fears of Election-Linked Inflation
The Monetary Policy Committee (MPC) of the central bank has said it is undisturbed by perceived inflationary pressures...
China Business Confidence Rises Again
Confidence among Chinese entrepreneurs has picked up for the second quarter running, according to the country's central...
Wobbly Inflation Dampens Hopes of Policy Rate Cut
Hopes that the central bank could cut its long held policy rate as its Monetary Policy Committee (MPC) meets, have been...
30 Rural Banks Face Collapse Over Mismanagement
The Bank of Ghana (BoG) is using the ARB Apex Bank to resuscitate some 30 rural and community banks (RCBs) from...
Imanis Business & Economic Environment Report (2011-2016)
A suitable environment for businesses to succeed remains an important precursor to economic growth and ultimately the...
Banks Call On BoG To Streamline Mobile Financial Services
Some banks are impressing on the Bank of Ghana the need to possibly streamline the regulations for Mobile Financial...
Lending To Oil Sector ‘risky’
Founder of UT Holdings, Prince Kofi Amoabeng, has advised the banking sector to be cautious in lending to importers of...
Professor Tarpeh Educates On Loan Scheme At Central Bank
Contrary to what been referred to in many circles in Liberia that the former governor of the Central Bank of Liberia...
Poor Handling of Cedi Notes, A Huge Bother To BOG
The Bank of Ghana (BOG) has expressed discomfort over continued poor handling of the cedi notes – the local currency,...
Complete Biography & Profile of Dr Amon Nikoi, Former Governor of the Bank of Ghana
The late Dr Nikoi, was born on 19th January 1930 at La, Accra and died on Thursday, 5 September. He had Bsc in...
Bank of Ghana Denies Issuing Gh¢100, 200 Notes
The Bank of Ghana has dismissed reports that it has issued new 100 and 200 Ghana Cedis denominations. It follows news...