Tag: Bank of Ghna
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BoG assures of solvency in banking sector
Governor of the Bank of Ghana, Dr. Ernest Addison has assured that adequate measures have been put in place to ensure the solvency of banks in the country even as Ghana is in the final stages of its IMF negotiations. Ghana began formal negotiations for the extended credit facility with the IMF in September. The…
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US$3 billion Eurobond hits Bank of Ghana’s accounts
The US$3 billion Eurobond issued by the government earlier this week has hit the accounts of the Bank of Ghana, a source close to the central bank has told Citi Business News. The funds from the three-pronged bond deal reached the central bank last Tuesday. The proceeds from the bond provide an improved cover for…