A stress test conducted by the Bank of Ghana in January 2026 revealed that the banking sector is robust to adverse macroeconomic developments. This was due to strong capital buffers, …
BoG
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Bank of Ghana (BoG) Governor, Dr Johnson Asiama, says Ghana’s record low inflation levels reflect prudent management of the economy, particularly in the monetary sector. According to him, the sharp …
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The cedi’s rate of depreciation against the US dollar has slowed significantly in the first week of March 2026. The local currency, which had depreciated by more than 4% earlier …
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Ghana’s Reference Rate (GRR), the key benchmark used by commercial banks to price loans, has dropped sharply to 11.71% for March, down from 14.58% in February. The decline marks one …
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Banking & FinanceEconomyTop Story
BoG targets 10% lending rate by 2028, signals easing credit conditions
The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has restated his ambition to reduce Ghana’s lending rate to no more than 10 per cent by the end …
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The Ghana Revenue Authority (GRA), in collaboration with the Ghana Link Network Services Limited and the Ghana Ports and Harbours Authority (GPHA), has successfully conducted a simulation exercise for the …
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Banks and Specialised Deposit-Taking Institutions (SDIs) in the country have received a major financial cushion from the Bank of Ghana, through the latest directive on the suspension of distribution of …
