BoG to enforce International Financial Reporting Standards this year
The Bank of Ghana (BoG) has stressed that it will enforce the implementation of the International Financial Reporting Standards (IFRS ...
Tag: BoG
Average interest rate on deposits stays at 10.4%
The average interest rate on customer deposits among commercial banks, remained unchanged at 10.4 percent in December 2017. According to ...
Are bank customers in Ghana well informed about cost of credit? [Article]
In a series of articles, I will be sharing my views on how to educate bank customers in Ghana about ...
Mixed reactions meet GH¢6 to $ 1 prediction
There are mixed reactions to the prediction that the cedi will depreciate to 6 cedis to a dollar by 2022. ...
BoG probes Alpha Capital over locked up cash
The Bank of Ghana (BoG) has moved in to assist customers of Alpha Capital Savings and Loans, retrieve their locked ...
Banks’ average base rates remain at 25.7%
The interest rate at which commercial banks lend to their customers remained unchanged at 25.7% in November 2017. The same ...
BoG targets lower interests with GH¢400m capital
Governor of the Bank of Ghana, Dr. Ernest Addison has assured that the increased minimum capital requirement will result in ...
Cedi stabilises amidst festive season blues
Checks by Citi Business News have shown that the cedi has experienced relative stability against some major trading currencies for ...
EOCO probes AGT Microfinance Company
The Economic and Organised Crime Office (EOCO) has taken over a case involving AGT Microfinance over the company’s inability to ...
Sanction Menzgold if found culpable – Nana Otuo
The Bank of Ghana must invoke its power to sanction Menzgold if it views its activities as flouting provisions of ...
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