High NPLs Threaten BoG Minimum Capital Drive
The Institute for Fiscal Studies (IFS) has said the new central bank governor, Dr. Ernest Addison, must ensure the issue ...
Tag: Central Bank
African Central Banks Urged To Work Towards Monetary Policy Credibility
The second deputy governor of the Bank of Ghana (BoG), Dr. Johnson P. Asiama, has charged African central banks to ...
BoG Moves To the Rescue of Banks
All banks in the country have been directed by the Bank of Ghana (BoG) to strictly comply with recommendations from ...
Non-Bank Financial Institutions Appeal For Cheaper Funds
The current high lending rate offered to non-bank financial institutions by the Central Bank is rendering them uncompetitive and unproductive. ...
Banker Advocates US$200m Capital For Banks
Frank Adu Jnr, Managing Director of CAL Bank, has proposed an increment in the current minimum capital requirement for universal ...
New Minimum Capital For Banks Pegged At GHc200-260m
Commercial banks in Ghana would have to increase their minimum capital for operation to at least 200 million cedis. This ...
BoG Directs Banks To Plug Loopholes
The Bank of Ghana (BoG) says it has prescribed remedial measures both general and specific to the risk exposure of ...
Banks To Merge Over Projected GHC260m Capital Review – Zenith Bank MD
The Bank of Ghana’s decision to peg the new minimum capital requirement for commercial banks at an estimated 260 million ...
Banks To Merge Over Projected GHc260m Capital Review – Zenith Bank MD
The Bank of Ghana’s decision to peg the new minimum capital requirement for commercial banks at an estimated 260 million ...
Implement Findings of AQR Exercise – BoG Orders Banks
The Bank of Ghana (BoG) has directed all banks to strictly comply with its recommendations from a recent Asset Quality ...
Implement Findings of AQR Exercise
The Bank of Ghana (BoG) has directed all banks to strictly comply with its recommendations from a recent Asset Quality ...
BoG Clarifies US$41m Bauxite Export Earnings
The Bank of Ghana (BoG) has formally responded to queries raised by the Public Accounts Committee (PAC) of Parliament regarding ...
BoG To Stop Market Volatility
The Bank of Ghana has assured the public that it will work harder to stem the volatility in the foreign ...
$41m Bauxite Receipts ‘missing’ In Audited Accounts of BoG – PAC
The Bank of Ghana (BoG) is to provide data on bauxite exports for 2015 to the Public Accounts Committee (PAC) ...
Trade In Other Currencies To Relieve Pressure On Dollar
The Bank of Ghana (BoG) has appealed to importers who trade from other countries apart from the United States to ...
Currency Analysts Demand Stable Forex Market
Currency analysts are supporting the Bank of Ghana to intensify its efforts to stabilize the forex market and help forecasting ...
Be Proactive With Your Projections – PAC Tells BoG
The Bank of Ghana (BoG) missed all its projections for the first half of the year 2015, resulting in huge ...
Weak Banks Require Urgent Recapitalisation
The International Monetary Fund (IMF) has asked the Bank of Ghana (BoG) to ensure that banks with minimum capitals below ...
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 ...
Fed’s Fischer Says Rate Hikes Unlikely To Roil World Markets
As the global recovery has taken firmer hold, gradual US interest rate increases are unlikely to roil world markets or ...