FACTCHECK: Has the Bank of Ghana been making losses in the last six years?

Read Article

Comments (16)

This article is closed for comments.

Read Comments Comments (16)

Ken 1 year ago

Ooh mother Ghana

Ooh mother Ghana
Thinkers are Lacking 1 year ago

If you pay attention to details, the loss (ghc 60m) made in 2022 alone wiped out profits made over 5 dacades (50 years) if the projected average profit is pegged at ghc 1m per annum

Therefore, this article is baseless, mis ...
read full comment

If you pay attention to details, the loss (ghc 60m) made in 2022 alone wiped out profits made over 5 dacades (50 years) if the projected average profit is pegged at ghc 1m per annum

Therefore, this article is baseless, misleading, fictional, without proper analysis and at the least very unintelligent
Ojah 1 year ago

Thanks to the Akyem Mafia! Dem belly full but we hungry!!

Thanks to the Akyem Mafia! Dem belly full but we hungry!!
Martin Luther King 1 year ago

I think the correct statement should be that ''the Bank of Ghana has been making huge losses under the Nana Addo and his NPP corrupt government''. Such a sloppy analysis. Did the bank make losses or it did not make losses? St ...
read full comment

I think the correct statement should be that ''the Bank of Ghana has been making huge losses under the Nana Addo and his NPP corrupt government''. Such a sloppy analysis. Did the bank make losses or it did not make losses? Stupid writer!!. So it is acceptable that they should make losses at anytime?
Are all losses the same ?? 1 year ago

Propagandist Ghana web. Who said all losses abd profits are the same. Trying to throw dust in people’s eyes know very well people will only be reading profit and loss and not the figures.

Propagandist Ghana web. Who said all losses abd profits are the same. Trying to throw dust in people’s eyes know very well people will only be reading profit and loss and not the figures.
the Villager 1 year ago

Did we hear that Ghanaweb was recently bought by an NPP MP?. This article says it all.

Did we hear that Ghanaweb was recently bought by an NPP MP?. This article says it all.
Dan 1 year ago

The author is being disingenuous here. These figures aren't accurate as seen elsewhere since last year. Our journalists should be more Ghanaian than being partisan. The bank of Ghana is ours and therefore deserve to know the ...
read full comment

The author is being disingenuous here. These figures aren't accurate as seen elsewhere since last year. Our journalists should be more Ghanaian than being partisan. The bank of Ghana is ours and therefore deserve to know the truth and not padded lies.
BoG hasn't made any profit under Akuffo Addo the only exception was 2017. From 2018 till date its been loses all through.
Johnny 1 year ago

So, what are the figures you are referring to? Bring your facts and sources as counter-check, if you indeed have any.

So, what are the figures you are referring to? Bring your facts and sources as counter-check, if you indeed have any.
Hey 1 year ago

Losses started in 2017. Why include 2024? Because per your own figures Losses only began in 2017 then they made profits along the line then huge loss in 2022.
Not the liquidity support happened in 2020. Not 2022

Losses started in 2017. Why include 2024? Because per your own figures Losses only began in 2017 then they made profits along the line then huge loss in 2022.
Not the liquidity support happened in 2020. Not 2022
Hey 1 year ago

Losses started in 2017. Why include 2014 because per your own figures Losses only began in 2017 then they made profits along the line then huge loss in 2022.
Not the liquidity support happened in 2020. Not 2022

Losses started in 2017. Why include 2014 because per your own figures Losses only began in 2017 then they made profits along the line then huge loss in 2022.
Not the liquidity support happened in 2020. Not 2022
ROGUE LAWYER 1 year ago

so the only years the BOG makes profits was in the corona Era ?
heeerrrrr
tell me which country in the world made profits in the years of lockdown ?
in 2019, 2020, there were no productions, there were less movements
...
read full comment

so the only years the BOG makes profits was in the corona Era ?
heeerrrrr
tell me which country in the world made profits in the years of lockdown ?
in 2019, 2020, there were no productions, there were less movements
how do they made profits ?
Europe and the USA were making donations to Africa countries in fight against the corona virus even though those countries were also in serious trouble but thy were able to make sure the people survive in the pandemic and lock down years.
keeping The Aid and record it as profits instead of given to the people to survive the pandemic was evil
mahma has promised Ghanaians that he will make sure there is accountability on all the covid FUNDS that was given to Ghana , including the corona checks at the Airport.
making money in the corona days is not just wicked but curly evil.

why is BOG not making profit in the 2022, 2023 and 2024 ?
it must tell you that after they have squander the charity corona virus Aids and charities, they have no other means of income.
Akuffu Addo , Bawumia Ofori Atta are the most wicked people in the world
Yaw Sango 1 year ago

The amount is in billions not millions Ghanaweb correct the zeros

The amount is in billions not millions Ghanaweb correct the zeros
Eric Mensah 1 year ago

The author of this post is an asshole.
Losses incurred in the last 2 years wiped off the disappointing profits made in the last 2 decade.

The author of this post is an asshole.
Losses incurred in the last 2 years wiped off the disappointing profits made in the last 2 decade.
Oprege 1 year ago

Another NDCriminal propaganda myth explained !

Another NDCriminal propaganda myth explained !
Kk 1 year ago

All financial information got hit my the implementation of IFRS9. So why is BOG making a fuss about it. The capital of the bank has been wiped off substantially.. A commercial bank in the same position would have been closed ...
read full comment

All financial information got hit my the implementation of IFRS9. So why is BOG making a fuss about it. The capital of the bank has been wiped off substantially.. A commercial bank in the same position would have been closed down by BoG by now. At what point are prudent mgt and profit sacrificed for public good. Some banks were closed down and deem taking undue risk for giving loan to fund road contracts, a public good but there were punished into extinction. Who is now punishing the management of BOG
KWAME 1 year ago

SHOW THE TABLE OF PROFITS AND LOSSES FROM 2009 TO 2023. THIS DATA IS INADEQUATE TO JUDGE THE 2 PARTIES.

SHOW THE TABLE OF PROFITS AND LOSSES FROM 2009 TO 2023. THIS DATA IS INADEQUATE TO JUDGE THE 2 PARTIES.

Welcome,

SIGN IN

Welcome,

RESET PASSWORD

Hello,

Terms and conditions

REGISTER

Business

FACTCHECK: Has the Bank of Ghana been making losses in the last six years?

Read Comments .st0{display:none;fill:#14BDD3;} .st1{display:none;} .st2{display:inline;fill:#FC0F0F;} .st3{display:inline;fill:#FFFFFF;} .st4{display:inline;fill:none;stroke:#000000;stroke-width:6;stroke-miterlimit:10;} Comments (16)

Read Comments Comments (16)