Bank of Ghana raises Monetary Policy Rate to 14.5%
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has increased the policy rate by 100 basis points ...
Tag: banks
Bank of Ghana issues new directives on handling of captured ATM cards
Regulated Financial Institutions have been directed by the Bank of Ghana to among other things ensure that the replacement of ...
BoG must sanction banks that flout new directives on fees and charges – Banking Consultant
A Banking consultant, Dr. Akwasi Atuahene, has called on the Bank of Ghana to take action against financial institutions that ...
BoG abolishes bank charges on savings account and other ‘unfair’ fees
The Bank of Ghana has directed banks and Specialized Deposit-Taking institutions to desist from charging some fees and charges, as ...
Profit of banks on GSE up by 13%; but valuation of stocks down by 17%
Despite registering strong profits across board for the first three quarters of 2020, listed banks on the Ghana Stock Exchange ...
Twenty out of 24 banks in Ghana paid GRA GHS1.6 billion as corporate tax in 2019
Twenty (20) out of the twenty (24) banks licensed in Ghana by Bank of Ghana in 2019, paid a total ...
Low interest rates will empower local banks to fund cocoa purchasing – BoG Governor
The Governor of the Bank of Ghana, Dr. Ernest Addison, has said reduced domestic interest rates will empower local banks ...
Get banks to reduce interest rate on loans over COVID-19 impact – GUTA to Gov’t
The Ghana Union of Traders Association, GUTA, is appealing to government to get banks to reduce interest rates on loans ...
AGI urges more support from banks to businesses as COVID-19 hits hard
The Association of Ghana Industries (AGI), has urged banks in the country to emulate the gesture of Republic Bank Ghana, ...
Banks well-positioned to survive sudden exchange rate depreciation — Dr. Addison
Governor of the Bank of Ghana, Dr. Ernest Addison has said that the bank's latest rigorous assessment of the banking ...
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