Bank of Ghana

Microfinance institutions have appealed to the Bank of Ghana (BoG) to reconsider the implementation timeline for proposed reforms that would significantly increase minimum capital requirements for operators in the sector. …

The Ghana cedi continued its downward trend against major international currencies over the past two weeks, as strong demand for foreign exchange outweighed substantial market support from the Bank of …

The government exceeded its treasury bills target by 11.9 percent, reversing a two-week undersubscription. According to auction results by the Bank of Ghana, this, however, came at a higher cost …

The Bank of Ghana (BoG) has withdrawn GH¢11.28 billion from the banking system through its latest 14-day bill auction, highlighting the central bank’s continued efforts to control liquidity and support …

The Bank of Ghana (BoG) has dramatically reduced both the yield and maturity profile of the central bank bills it uses for liquidity management, signalling a fundamental shift in monetary …

All six voting members of the Monetary Policy Committee (MPC) of the Bank of Ghana unanimously supported the decision to keep the benchmark policy rate unchanged at 14 percent during …

The decision by the Bank of Ghana to challenge last week’s Court of Appeal ruling restoring the license of GN Savings and Loans is dampening expectations that financial institutions shut …

The Bank of Ghana (BoG) has directed Mobile Money Fintech Limited (MMFL) to pause the announced implementation of a 0.75 percent fee on direct wallet-to-bank transfers. According to a statement …

The Government of Ghana has begun disclosing details of an ambitious new domestic cocoa financing programme centred on a planned cedi-denominated bond issuance with a target size equivalent to US$1 …

The Bank of Ghana has announced the introduction of a dynamic Cash Reserve Ratio (CRR) framework for commercial banks, marking a significant shift in the country’s monetary policy and liquidity …