Average deposit rate drops again in 2017
The average interest offered by banks on customer deposits has dropped by about 0.4 percent between February and March this ...
Tag: BoG
2017 budget to determine BoG’s single digit inflation target
The Ghana Statistical Service has told Citi Business News the Bank of Ghana’s single digit inflation target should be achieved ...
Dr. Ernest Addison is new BoG Governor
President Nana Addo Dankwa Akufo Addo has appointed Dr. Ernest Kwamina Yedu Addison as Governor of the Bank of Ghana. ...
Ghana records over $ 500m trade surplus in February 2017
New figures from the Bank of Ghana have revealed that Ghana’s total balance of trade for February 2017 recorded a ...
BoG reduces policy rate to 23.5%
The Monetary Policy Committee of the Bank of Ghana has reduced the policy rate to 23.5 percent. This represents a ...
Cedi depreciates by 5 percent in March – BoG report
Latest figures by the Bank of Ghana have shown that the cedi’s depreciation against the dollar for March 2017, is ...
BoG’s 120 million dollars auction begins yielding results
Currency analysts have stated that the Bank of Ghana’s auction of 120 million dollars in the first quarter of this ...
Declining inflation, ‘stable’ cedi to signal drop in policy rate
Economists are highly expectant of a reduction in the policy rate by the Monetary Policy Committee (MPC) of the Bank ...
Average interest on agric loans is 33.2 percent – BoG report
Average interest rate on agricultural loans by banks has increased marginally to 33.2 percent as at the end of February ...
Consumers threaten boycott over unsatisfactory banking services
Reviewing the high-interest rates on loans, improving ATM services as well as reducing the turnaround time at banking halls have ...
© 2023 Citi Business News - CitiBusinessNews.com by CNR Digital.