BoG sets deadline for rural banks to meet capital requirements
The Bank of Ghana has set a deadline for Rural banks, community banks and microfinance institutions to meet their respective ...
Tag: Bank of Ghana (BoG)
9 Questions and Answers about BoG shutdown of Savings and Loans companies
The Bank of Ghana on August 16, 2019, revoked the licences of twenty-three (23) insolvent Savings and Loans companies and ...
This is how much Ghana has spent on financial sector clean up
The cost of the ongoing financial sector clean up is likely to reach GH¢21 billion by close of this year, according to ...
Bank of Ghana records GH¢793 million loss in 2018
The Bank of Ghana (BoG) last year recorded a loss of GHS793 million resulting from its operations, the bank’s 2018 ...
All you need to know about the only bank in Ghana that does not accept deposits
It is public knowledge that a bank is a financial institution that accepts deposits from the public, permit withdrawals and ...
BoG advises MoMo operators against high cost of services
The Bank of Ghana (BoG) has urged telecom operators to consider the cost involved in the transaction of business on ...
Banks in Ghana record high profit after clean-up
Banks in Ghana registered an after-tax profit of GH¢1.1 billion, representing a year-on-year growth of 38.9 per cent compared with ...
19,000 customers of shut down microfinance firms paid off – BoG
The Bank of Ghana has revealed that nineteen thousand depositors whose funds were locked up with some microfinance companies have ...
Finance Minister reveals when Savings and Loans sector cleanup will begin
Finance Minister Ken Ofori-Atta has indicated that the planned cleanup of the Savings and Loans sector would happen before the ...
Don’t panic; keep doing business with rural banks – BoG
The Bank of Ghana has refuted social media rumours that its intended clean-up of the rural and community banks sector ...