BoG injects more dollars into economy
The Bank of Ghana (BoG) has stepped up its supply of United States (US) dollars to meet daily demands for ...
Tag: Bank of Ghana
Is Menzgold`s Fate Sealed?
Regulators (Bank of Ghana, Securities and Exchange Commission) and Menzgold Ghana Limited appear to be involved in a never ending tussle. ...
BoG caps tenure of CEOs, directors of banks – New directive takes immediate effect
The Bank of Ghana (BoG) has issued a directive to cap the tenure of the office of all managing directors ...
Cyber crime rises but industry recovers GH¢160m in 2017
An estimated 80% of the value of all cyber fraud cases was recovered in 2017, the Bank of Ghana has ...
One strong local bank better than 7 weak ones – Akufo-Addo
President Nana Akufo-Addo has emphatically stated poorly managed local banks cannot expect government support following the collapse of seven banks. ...
Pay depositors’ cash before winding up – BoG to operators
Photo: Ernest Addison (Governor, Bank of Ghana) Financial companies seeking to wind up their operations voluntarily yet are unable to ...
Parliament won’t probe directors of collapsed banks – Finance Committee chair
Parliament’s Finance Committee will on Wednesday begin its probe into the collapse of seven indigenous banks in the country. The ...
TUC assures ex-staff of UT, Capital Banks of their severance package
The Deputy Secretary-General of the Trade Union Congress (TUC) has assured ex-staff of the defunct Capital and UT banks will ...
IMF commends BoG for banking sector clean up
The International Monetary Fund (IMF) has described the recent Bank of Ghana action on some banks as crucial for stability ...
More banks will collapse – Financial analyst
Fear continues to emerge as experts analyze the infrastructure of Ghana’s weak banking sector. Speaking on Joy FM'S Super Morning ...