Ernest Addison
Commercial Banks With Local Ownership Still Dominant
The Bank of Ghana (BoG) has refuted reports that majority of commercial banks in the country are owned by foreigners....
Bank of Ghana To Commence Implementation of Deposit Insurance
The Bank of Ghana will commence the implementation of the Deposit Insurance scheme in the second quarter of 2018....
Economist Hopeful of Banks’ Response
Some economists are predicting that commercial banks across the country will soon reduce their interest rates. Figures...
Policy Rate Down To 21%
Monetary Policy Committee of the Bank of Ghana (BoG) has reduced the policy rate of June from 22.5 per cent to 21 per...
Policy Rate Pegged At 21%
Policy rate has been reduced to 21 per cent, thus a 150 basis point. This is the fourth time in the year that the...
BoG Reduces Policy Rate By 150 Basis Points
The Bank of Ghana has reduced its policy rate to 21 percent. The figure represents a 150 basis points reduction from...
GN Bank Wins Award
GN Bank has been adjudged the best growing bank at the 16th Edition of the Ghana Banking Awards (GBA) held in Accra...
Lower Production Cost To Result In Single Digit Inflation
The Bank of Ghana (BoG)’s medium term inflation target could be attained should government tackle challenges facing...
BoG Action Needed To Quell Cedi Speculations – RMB Research
Analysts want the Central Bank to aggressively intervene in the currency market to quell increased demand and...
Timing of Energy Bond Critical For Its Success – Prof. Bokpin
Economist, Professor Godfred Bokpin has told Citi Business News the seeming delay in the issuance of the energy bonds...
BoG Sets GHc200m Capital For Banks
The Bank of Ghana is set to increase the minimum capital of banks from GH¢120 million to GH¢200 by July this year,...
Stable Economy To Push Down Interest Rates – PEF
The Private Enterprise Federation has lauded the move by the Bank of Ghana to reduce the MPC rate by 100 basis points...
BoG Shelves Decision To Increase Minimum Capital Requirement
The central bank is putting on hold its move to announce a further increase in the minimum capital requirement for...
BoG Cuts Key Interest Rates
The Bank of Ghana (BoG) has cut its benchmark interest rate by 100 basis points from 23.5 to 22.5 percent, citing a...
Policy Rate Drops Further To 22.5%
The Monetary Policy Committee of the Bank of Ghana has reduced the monetary policy rate from the previous 23.5 per cent...
Okraku Mantey Part of Ghana’s 2017 BET Selection Team
Renowned music producer, Mark Okraku Mantey will be part of the team that will help in selecting Ghanaian musicians for...
Okraku Mantey Part of 2017 BET Awards Ghana Selection Team
Chief Executive Officer of Slip Music and President of the Creative Arts Council, Mark Okraku-Mantey has been engaged...
High NPLs Threaten BoG’s Minimum Capital Drive
The Institute for Fiscal Studies (IFS) has said the new central bank governor, Dr. Ernest Addison, must ensure the...
High NPLs Threaten BoG Minimum Capital Drive
The Institute for Fiscal Studies (IFS) has said the new central bank governor, Dr. Ernest Addison, must ensure the...