DOSSIER: Bank of Ghana

All information and releases by the BoG

• BoG releases MPC meeting timelines for 2021 (2021-01-06)
• GH¢21 billion spent on banking sector clean-up - Akufo-Addo (2021-01-06)
• Ghana exceeds 3 key fiscal thresholds (2020-12-23)
• Bank of Ghana, Monetary Authority of Singapore sign agreement to promote SMEs (2020-12-11)
• Banks slow in adopting GMRA-backed repos (2020-12-02)
• First and Second Deputy BoG Governors inducted as IoD-Ghana Honorary Fellows (2020-11-27)
• Why Ghana needs a new financial sector regulation architecture (2020-11-26)
• Macroeconomic conditions generally improved – BoG Governor (2020-11-26)
• LIVESTREAMED: Bank of Ghana’s 97th MPC press conference (2020-11-23)
• Ghana’s public debt exceeds sustainability threshold (2020-11-23)
• AFI Gender Committee elects Elsie Addo Awadzi as Chairperson of GIFC (2020-11-17)
• Customers now confident in Ghana's banking sector - Patricia Sappor (2020-11-17)
• Economists urge MPC to maintain policy rate at 14.5% (2020-11-16)
• Bank of Ghana’s MPC to begin final meetings for 2020 on Wednesday (2020-11-16)
• Private sector looks forward to interest rate cut (2020-11-10)
• Ghana’s total cement sales increased by 8.9 percent (2020-11-04)
• BoG, EOCO & SEC have failed us on Menzgold saga – Obiri Boahen (2020-11-03)
• Coronavirus: Banks regaining enthusiasm for lending (2020-10-22)
• Collapsed SDIs strayed away from their mandates – Elsie Addo Awadzi (2020-10-14)
• SDI sector clean-up was necessary – Bank of Ghana (2020-10-14)
• FULL TEXT: Second Deputy Governor’s opening remarks at SDI's media sensitization (2020-10-13)
• Cross-border cooperation key to fighting cybercrime - 2nd Deputy Governor (2020-10-12)
• Value of mobile money transactions doubles in last twelve months – BoG data (2020-10-03)
• Cedi performance in first half of 2020 is the best since 2014 (2020-10-03)
• Economy bouncing back rapidly after easing of restrictions – Deputy BoG Governor (2020-10-03)
• Economy to recover earlier than expected – Deputy Governor assures (2020-10-02)
• Bank of Ghana index points to economic recovery (2020-09-30)
• BoG says fiscal policy is an area to watch (2020-09-30)
• Coronavirus: Here are the key sectors that experienced contraction (2020-09-29)
• Economy to grow between 2.0 and 2.5 percent in Q3, Q4 of 2020 - BoG (2020-09-29)
• LIVESTREAMED: Bank of Ghana's 96th Monetary Policy Committee Conference (2020-09-28)
• FULL TEXT: Bank of Ghana's 96th Monetary Policy Committee Conference (2020-09-28)
• Composite Index of Economic Activity grew by 3.6 percent for July 2020 - BoG (2020-09-28)
• The banking industry reforms litmus test (2020-09-24)
• Government replaces no-interest bonds with cash (2020-09-23)
• BoG’s MPC commences three-day meeting to evaluate Ghana’s economy (2020-09-22)
• All depositors of failed MFI, S&L companies to receive full cash payment from today (2020-09-16)
• John Mahama never borrowed from BoG to finance budget – Isaac Adongo (2020-09-11)
• NPP adopted a wrong approach in the financial sector clean-up – NDC (2020-09-08)
• Financial sector clean-up: We have cleaned the mess we inherited – Akufo-Addo (2020-09-01)
• Insolvency Act to deal with bad loans burden (2020-08-28)
• Act quickly to address early signs of bank distress – BoG to shareholders, bank boards (2020-08-28)
• Post-coronavirus: Strong corporate insolvency regime critical to spur recovery – BoG (2020-08-27)
• FULL TEXT: Second Deputy BoG Governor speaks on Corporate Insolvency and Restructuring Act (2020-08-27)
• BoG alarmed by rising fraud involving bank staff (2020-08-14)
• Over 96% of locked-up funds in collapsed banks ‘fully paid’ – Deputy Finance Minister (2020-07-29)
• About 18,000 Ghanaians have died over banking cleanup – ASEPA (2020-06-24)
• Gov’t plans to issue GH¢17,837 securities – BoG announces (2020-06-16)
• Financial inclusion: BoG to launch major initiatives (2020-06-12)
• UT bank case: Give your evidence to Amoabeng – Court orders AG (2020-05-28)
• More banks’ deposits given as loans (2020-04-30)
• BoG warns of imminent inflationary risks (2020-04-29)
• Pain for pensioners over BoG’s dividend directive (2020-04-27)
• High operational costs impede electronic payment drive – BoG (2020-03-25)
• Ghana’s payment system records rapid transformation – BoG Governor (2020-03-05)
• We won’t pay you now – Gov’t to customers of Gold Coast, AllTime, other closed fund managers (2020-02-26)
• BoG measures to prevent another banking crisis encouraging – Akufo-Addo (2020-02-22)
• Amoabeng and co get GH¢320m (2020-02-13)
• Court discharges Kofi Amoabeng (2020-02-05)
• Bank of Ghana maintains monetary policy rate at 16 percent (2020-01-31)
• New Cedi notes part of reforms – BoG (2020-01-12)
• NDC gov’t will investigate new Cedi note issuance – Minority (2020-01-06)
• It's 'absurdity' – Bobie on BoG's 'not fit and proper' excuse for Heritage Bank shutdown (2019-12-08)
• Scores besiege Zoe Embassy Church over locked up funds with pastor’s companies (2019-12-08)
• Be courageous and intrusive – BoG boss to journalists (2019-12-03)
• BoG sanctions staff complicit in corporate governance failures (2019-12-02)
• Banks with the best interests for savings accounts in Ghana (2019-11-29)
• BoG goes after compensation package policies of Bank CEOs (2019-11-28)
• Ghana reserves increase by $1.67 billion (2019-11-26)
• Mutual funds not affected by revocation of fund managers’ licenses – SEC (2019-11-23)
• Poor management led to collapse of some financial institutions – Institute of Directors (2019-11-23)
• Rural banking sector is stable – BoG (2019-11-21)
• Ghana's rural banking sector is stable – BoG (2019-11-21)
• 347 dead MFIs: Receiver increases capped payments to GHS20K (2019-11-11)
• Capital Bank collapse: Ato Essien, three others plead not guilty (2019-10-15)
• Ato Essien sues Bank of Ghana (2019-09-27)
• ‘I was targeted’ – Kofi Amoabeng speaks on the closure of his bank (2019-09-20)
• Let’s be extra vigilante on banks – BoG Governor (2019-09-16)
• Blame NDC for job losses in banking sector – Jeff Konadu (2019-09-14)
• Take Nduom’s suit seriously – Court tells BoG (2019-09-10)
• Court gives respondents three days to react to Nduom’s claims (2019-09-07)
• Poor BOG supervision caused banking crisis – Mahama confesses (2019-09-05)
• Fixing banking crisis costing tax payers more than GH14bn – Gabby Otchere-Darko (2019-08-28)
• Dr. Asiamah was part of decision to collapse UT, Capital Banks - BoG (2019-08-24)
• Receiver pursues UT, Capital Bank shareholders in court over GHc850m assets (2019-08-22)
• Elmina plans demo to save Nduom’s GN Savings & Loans (2019-08-22)
• Banking Sector: Deputy Minister predicts possible doom for NPP (2019-08-21)
• Banking sector clean-up not complete – Financial Analyst challenges BoG’s claim (2019-08-18)
• BoG’s $62m cash transfer claim false – Nduom (2019-08-17)
• GCB, ADB, others record huge gains (2019-08-03)
• Former staff of Heritage Bank accuse Receiver of cheating them on exit package (2019-07-15)
• Police ‘rescue’ Pastor Kobiri as angry customers demand locked-up cash’ (2019-06-24)
• Blacklisted microfinance companies fight back over revoked licences (2019-06-03)
• BoG fines Barclays GH¢4.58m over 'frivolous' interbank quotes (2019-06-03)
• Receivers of collapsed banks recover GHC731m debts (2019-05-21)
• BoG to begin circulation of upgraded cedi notes today (2019-05-06)
• Economy at the mercy of foreign investors, importers – BoG Governor (2019-04-23)
• Bank of Ghana unable to state cost of impending Cedi note upgrade (2019-04-10)
• BoG’s Monetary Policy Committee keeps policy rate at 16% (2019-04-01)
• BoG is a lawless entity - Isaac Adongo (2019-03-08)
• We’ll reject GH¢2b GAT loan for struggling banks – Minority (2019-03-07)
• Duffuor files motion in court to demand files that warranted withdrawal of uniBank’s license (2019-02-22)
• UT Bank could’ve survived if BoG had given us time – Kofi Amoabeng (2019-02-09)
• 2 in big trouble over uniBank cash (2019-01-23)
• Federation of Labour heads to court over use of private funds to support ‘ailing’ banks (2019-01-21)
• I’m a victim of indecent haste – Heritage Bank Founder speaks on bank’s collapse (2019-01-21)
• Moody’s lauds banking sector reforms (2019-01-17)
• Publish list of credible financial institutions – Carbonu to BoG, SEC (2019-01-12)
• First Ghanaian signature on the Cedi (2019-01-11)
• 'Kwesi Botchwey says you're lying'; I hope nobody 'manipulating' you – Adom-Otchere tells BoG governor (2019-01-10)
• You also have a bank; the future awaits you – Adongo to Ofori-Atta (2019-01-08)
• Government selling ADB, NIB through backdoor – Isaac Adongo (2019-01-08)
• BoG must improve corporate governance structures for banks – Databank CEO (2019-01-08)
• BoG must improve corporate governance structures for banks – Databank CEO (2019-01-08)
• 23 banks operating after recapitalization – BoG (2019-01-07)
• How the GHC2bn bailout funds will be expended on the six banks (2019-01-01)
• Rural Banks cry over ‘killer’ tax (2018-12-21)
• Your deposits safe – Bawumia (2018-11-28)
• Capital requirement: Many banks close, others merging – BoG (2018-11-26)
• Produce ID before buying or selling dollars – BOG (2018-11-01)
• Cedi 'faces arrest' as BoG set to release $600m cocoa loan funds onto market (2018-10-08)
• Collapsed banks: BoG action difficult but necessary – Akufo-Addo (2018-09-29)
• Bank Crisis: Retired BoG staff facing EOCO – BoG (2018-09-25)
• Merge to become bigger and stronger - Financial expert tells banks (2018-09-21)
• Banks closure will ensure sanity in the sector – BoG (2018-09-19)
• Otabil cannot be exonerated in Capital Bank collapse - IDEG boss (2018-09-05)
• We don’t need 34 banks; financial sector being clean up – Ken Ofori-Atta (2018-08-22)
• Nduom blames botched GN Bank merger on breach of confidentiality (2018-08-17)
• George Quaye appointed new MenzGold Ghana PRO (2018-08-09)
• CBG 'fiscal fraud on taxpayers' – Adongo (2018-08-09)
• PMMC has lost rights to license gold dealers - Lawyer reveals (2018-08-09)
• Menzgold dares Bank of Ghana (2018-08-08)
• Menzgold not licensed for deposits, sanctions on the way – Bank of Ghana (2018-08-07)
• Banks closure: BoG Governor should apologise to Ghanaians – Adom-Otchere (2018-08-05)
• 'It’s not a merger'; the banks were already 'kaput' – Joe Jackson (2018-08-02)
• Collapsed Banks: Depositors cash not for wives, children - Financial experts push for prosecution (2018-08-02)
• Employ sound governance practices to safeguard customers’ deposits – BoG Governor (2018-06-23)
• Corporate chieftains acquire world class expertise as 3rd Ghana CEO Summit ends (2018-06-04)
• ADB promises innovative banking products (2018-05-31)
• BoG likely to reduce policy rate again – Razia Khan (2018-05-21)
• BoG introduces Payment Systems & Services Bill (2018-05-18)
• Ghana bags US$2.2bn from remittances; places second in Sub Saharan Africa (2018-04-26)
• Fidelity Bank closes in on GH¢400m (2018-04-24)
• Culture of leniency that once prevailed will not be countenanced - BoG (2018-04-24)
• BoG sets maiden Ghana Reference Rate at 16.82% (2018-04-04)
• Customers chase ASN Financial Services Limited for cash (2018-03-23)
• BoG to slow monetary policy easing – GN Research (2018-02-12)
• Central Bank to insure deposits at all banks (2018-02-07)
• Banks’ revenue will decline amid slower loan growth – Moody’s (2018-01-31)
• Dealing in bitcoin not a crime - Cryptocurrency operators (2018-01-24)
• BoG stays policy rate over inflation scare (2018-01-23)
• BoG may not reduce policy rate in first MPC meeting - Economist (2018-01-12)
• Spare BoG this ignoble practice (2018-01-12)
• Ace Ankomah's wife to be appointed 2nd Deputy Governor of BoG? (2018-01-07)
• BoG Deputy Governor quits at last (2018-01-05)
• BoG must clarify roles of various financial institutions to public (2017-12-24)
• Banqmoni launched to enhance financial inclusion (2017-12-24)
• Banks’ average base rates remain at 25.7% (2017-12-20)
• No license for new banks in 2018 – BoG (2017-12-18)
• Johnson Asiama has not resigned as 2nd Deputy Governor of BoG (2017-12-12)
• BoG unhappy with low credit extension to agriculture and SMEs (2017-11-30)
• BoG will be ‘flexible’ with rural banks recapitalization (2017-11-28)
• Cedi depreciates by 5% in 2017 (2017-11-28)
• BoG's Monetary Policy Committee cuts policy rate to 20 percent (2017-11-27)
• BoG reduces policy rate again to 20% (2017-11-27)
• It makes sense to merge ADB with NIB - BoG Governor (2017-11-27)
• 90 Rural banks face sanctions (2017-11-18)
• Deposit-taking Oboanipa Ventures not licensed – BoG (2017-10-17)
• BOG Governor urges statistics compilers to enhance knowledge (2017-10-16)
• GHC400m capital: Fidelity Bank interested in merging (2017-10-09)
• GN Bank will meet GHC400m capital requirement - Nduom (2017-09-13)
• Only 3 banks in line to meet capital requirements (2017-09-12)
• BoG to raise GHC858m tomorrow (2017-09-07)
• Digitise or go extinct in a decade - Bank of Ghana tells banks (2017-07-10)
• Lower production cost to result in single digit inflation (2017-05-28)
• Banks deposits hit GHC53.2b (2017-04-06)
• BoG justifies printing of new GHC5 bank note (2017-04-05)
• BoG to name institutions that flout anti-money laundering Acts (2017-04-01)
• Issahaku's resignation not surprising; it was expected - Akoto Osei (2017-03-31)
• Keli Gadzekpo, Ernest Addison in race for BoG job (2017-03-30)
• BoG to penalize owners of closed down illegal institutions (2017-03-08)
• BoG expects cedi to stabilise against major currencies by end of March (2017-02-27)
• Bank of Ghana is Central Bank Risk Manager of the Year 2017 (2017-02-20)
• BoG ?4.6bn saga: I don't know who owns Sibtons Switch - BoG spokesperson (2017-02-13)
• HFC Bank rewards customers on 13th month of the year (2017-02-02)
• BoG to introduce a commemorative GH¢5 note (2017-01-19)
• BoG to move banks payment system to EMV (2017-01-13)
• BoG introduces business rules and micro-finance logo to sanitize the industry (2016-12-01)
• New BoG Foreign exchange auction rules (2016-11-25)
• Banks welcome minimum capital revision (2016-10-12)
• Minimum capital requirement for banks to hit GHC500m (2016-09-28)
• BoG worried over high lending rates (2016-09-19)
• Banks tighten grip on lending (2016-09-15)
• GN Bank does not offer cheapest mortgage loans - BoG (2016-08-31)
• Dont' create panic in the banking and finacial markets - BoG (2016-08-30)
• Bank of Ghana to establish deposits protection system (2016-08-29)
• Mobile money value tops GHC679.2million in June (2016-08-27)
• BoG to weed out unscrupulous microfinance institutions (2016-08-19)
• BoG to offload 10% to 20% of GhIPSS to commercial banks (2016-08-17)
• BoG to approve interest on Mobile Money deposits (2016-08-11)
• BoG's policy to fight inflation crippling businesses - CEBRE (2016-08-09)
• Terkper outwits IMF over zero BoG financing (2016-08-05)
• BoG armed to bail-out troubled banks, NBFIs (2016-08-04)