Tag: Chartered Institute of Bankers
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Incorporating ESG principles in your operational framework, key to future of banking – BoG to banks
The Bank of Ghana has highlighted the importance of Environmental, Social and Governance, ESG, issues and the need for banks to have processes in place to assess the impact on their businesses. This, the Central Bank notes will help financial institutions to survive the current disruptive challenges facing the banking sector and the economy as…
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2022 economic outlook positive, but potential risks must be monitored – BoG Governor
Governor of the Bank of Ghana, Dr. Ernest Addison has assured of intensified surveillance of the economy to ensure that the unpredictabilities surrounding food prices, petroleum price adjustments, among others do not exert inflationary pressures on the country’s economic outlook for 2022. Ghana’s inflation rate for 2021 has witnessed an upward trend in recent times.…
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Chartered institute of bankers to ensure strict compliance to code of ethics
The Chartered Institute of Bankers (CIB) says it is going to ensure strict compliance with its newly introduced banking code of ethics. The code of ethics which was put together in collaboration with the Bank of Ghana (BoG) is meant to ensure sanity and prevent mishaps within the banking industry. The move is also expected…
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Chartered Institute of Bankers to launch Code of Ethics to curtail fraud
As part of efforts to reduce the number of fraud cases perpetuated by employees within the banking industry, the Chartered Institute of Bankers in collaboration with the Bank of Ghana and the Ghana Association of Bankers will soon launch the Ghana Banking Code of Ethics. According to the latest banking industry fraud report from the…