BoG to finalize fate of struggling local banks by July

FacebookTwitterLinkedinemailGoogle+PinterestThe Bank of Ghana (BoG) is set to take a final decision on the fate of local banks that may

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Banks need more than GH¢400m as Basel II & III kick in

FacebookTwitterLinkedinemailGoogle+PinterestBanks will require more than the new capital requirement of GH¢400 million in order to meet the minimum capital adequacy

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BoG staff complicit in UT, Capital Bank collapse won’t be spared – BoG Governor

FacebookTwitterLinkedinemailGoogle+PinterestThe Governor of the Central Bank has disclosed that staff of the Bank who were compromised in the supervision of the

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Reduction in policy rate to urge private sector growth

FacebookTwitterLinkedinemailGoogle+PinterestEconomist, and Head of the Economics Department at the University of Ghana, Professor Peter Quartey has stated that the reason

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BoG reduces policy rate to 17%

FacebookTwitterLinkedinemailGoogle+PinterestThe Bank of Ghana has reduced the policy rate to 17 percent. This represents a 100 basis points reduction in

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BoG Introduces Payment Systems & Services Bill

FacebookTwitterLinkedinemailGoogle+PinterestThe Central Bank says it’s introducing an omnibus Payment Systems and Services Bill which is currently before Cabinet to further

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Be innovative to compete with fintechs—BoG Governor to banks

FacebookTwitterLinkedinemailGoogle+PinterestThe Governor of the Bank of Ghana (BoG), Dr. Ernest Addison has urged banks to innovate or risk being disrupted by emerging financial

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Mobile money transactions hit GH¢52.35 billion – BoG

FacebookTwitterLinkedinemailGoogle+PinterestMobile money transactions have increased by about 177 per cent between 2013 and March 2018, reaching GH¢312.93 million and valued

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Bawumia, Addison oppose bank recapitalization extension date

FacebookTwitterLinkedinemailGoogle+PinterestIt appears moves by the Association of Indigenous Banks to get President Akufo-Addo to extend the deadline date for the

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Banking sector is safe, sound despite recent challenges – BoG Governor assures

FacebookTwitterLinkedinemailGoogle+PinterestThe Governor of the Bank of Ghana (BoG), Dr Ernest Addison has assured depositors that the Banking sector is safe

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