President Nana Addo Dankwa Akufo-Addo has appointed Mrs Elsie Awadzi, an international economic and financial lawyer, as the Second Deputy Governor of the Bank of Ghana. The President wrote on his...
2nd Deputy BoG Governor – The Second Deputy Governor of the Bank of Ghana, Dr. Johnson Asiama, has resigned. According to reports, Dr. Asiama took hid accumulated leave before his final exit from...
The National Investment Bank (NIB) has hosted a five (5) day workshop on Financial Modeling for Project Finance in Accra. The workshop was held in collaboration with AADFI (Association of African...
The Bank of Ghana is set to increase the minimum capital of banks from GH¢120 million to GH¢200 by July this year, following extensive engagements with stakeholders in the financial sector. This is...
All banks in the country have been directed by the Bank of Ghana (BoG) to strictly comply with recommendations from a recent Asset Quality Review (AQR) exercise conducted by the Bank. The findings...
The Bank of Ghana (BoG) has directed all banks to strictly comply with its recommendations from a recent Asset Quality Review (AQR) exercise conducted by the bank. The findings which have been...
The Bank of Ghana (BoG) has directed all banks to strictly comply with its recommendations from a recent Asset Quality Review (AQR) exercise conducted by the bank. The findings which have been...
The Bank of Ghana (BoG) has formally responded to queries raised by the Public Accounts Committee (PAC) of Parliament regarding the $41 million bauxite export which was said to have not been captured...
The Bank of Ghana (BOG) has urged financial institutions and stakeholders within the industry to embrace regulatory requirements as they are key to a healthy financial sector. According to the BOG,...
Dr. Johnson Asiama, the Second Deputy Governor of the Bank of Ghana has disclosed that the central bank would soon publish its new sanctions for non-compliance with provisions of the Anti-Money...
A deputy Governor of the Bank of Ghana, Johnson Asiama, has urged financial institutions to see regulatory requirements key improving the banking sector. According to him, these requirements and...
Dr. Johnson Asiama says financial institutions should not see regulatory requirements as impediments. According to him, these requirements and guidelines must be embraced to ensure that “we all...
Banks have intensified their search for collaterals from businesses and loan applicants in a bid to reduce growing number of non-performing loans (NPLS) in the banking sector that had hit GH¢ 6.2...
The Bank of Ghana (BoG) says it’s working closely with the International Finance Corporation (IFC) to ensure the enactment of a new Borrowers and Lenders Act. The new law is to address all...
The Central Bank of Ghana (BoG) will soon release a new cedi note – Five Ghana Cedis denomination which has been redesigned in commemoration of Ghana’s 60th anniversary. It was the Deputy...
The Bank of Ghana (BoG) is alarmed at the rising spate of card fraud and defalcation in the banking sector that is threatening the integrity of the financial system. Fraud remains a major operational...
The Bank of Ghana (BoG) has denied allegations that it will print new 30, 100 and 200 Ghana cedi denominations to commemorate its 60th anniversary. Reacting to an article circulating on social media...
It has come to the attention of Citi 97.3 FM that, a story in circulation headlined ‘BoG to issue new GHC5, GHS30, GHS100, and GHS 200 notes on March 4”, has been sourced to citibusinessnews.com,...
The Second Deputy Governor of the Bank of Ghana, Dr. Johnson Asiama has disclosed that the Bank of Ghana(BoG) will unveil new banknote in five-cedi (GH¢5) denominations. According to him, the...
The Bank of Ghana(BoG) has announced plans to migrate all payment systems of banks in the country from magnetic chip to Europay-MasterCard-Visa( EMV) chip based cards this year. The move is targeted...