Tag Archives: BOG

It is an offence punishable by a fine and/or imprisonment of up to five years to issue a dud cheque, the Bank of Ghana has warned the general public. The central bank said in its financial literacy education series that people must always ensure there is enough funds in their …

For the first time in about 60 years, the Bank of Ghana (BoG) has purchased gold to augment its gold reserves and shore up the country’s foreign assets. The bank bought 280 kilogrammes of the precious metal this year under a historic gold purchase programme meant to double its gold …

• The GH¢1 and GH¢2 notes will be replaced by its respective coins • This is because the notes, after widely being circulated, come back weak and torn • This was made known by the Governor of the Bank of Ghana Bank of Ghana Governor, Dr Ernest Addison, has disclosed that very soon, …

Her Excellency Harriet Thompson, British High Commissioner Members of the Board of Directors, Standard Chartered Bank (Ghana) Mrs. Mansa Nettey, Chief Executive, and the Management Team, Standard Chartered Bank (Ghana) The President of Ashesi University Invited Guests, Distinguished Ladies and Gentlemen On 30th November 2020, I had the singular honour …

The Bank of Ghana has directed telecommunications companies, financial technology companies, mobile money operators, utility providers, among other organizations to provide information on the credit behaviour of borrowers to curb risk associated with lending. Other organizations required to also provide information about their clients to the Credit Reporting System (CRS) …

In December 2018, the Bank of Ghana (BoG) issued a Corporate Governance Directive, pursuant to its powers under sections 56 and 92(1) of the Banks and Specialised Deposit-Taking Institutions Act, 2016, Act 930. The Association of Finance Houses, in November 2020, brought an action at the apex court challenging the …

Hon. Minister for Trade & Industry, Alan Kwadwo Kyerematen, The President of the GNCCI, Council and Members of GNCCI, Chief Executive Officers, Distinguished Panellists, Invited Guests and Participants, It is a pleasure and a great privilege for me to be invited to address the Members of the Ghana National Chamber …

  In December last year, the Bank of Ghana (BoG) after a meeting with cash operation managers directed all deposit-taking institutions to acquire armoured bullion vans for cash operations. Six months down the line, not much has been seen in that regard. Recent attacks and subsequent loss of life of a police …

The Bank of Ghana has asked all Banks and Specialised Deposit-Taking Institutions (SDIs) to stop imposing unauthorised fees and charges on customers. A five-page statement issued by the Bank of Ghana said: “The Bank of Ghana has observed with concern, a trend where some Banks and Specialized Deposit-Taking Institutions (SDIs) …

Ajumako-Enyan-Esiam Lawmaker, Cassiel Ato Forson, has said the response by the Bank of Ghana (BoG) to Parliament in relation to the petition filed by owners of the defunct Unibank and UT, Dr Kwabena Duffuor and Prince Kofi Amoabeng respectively, is disrespectful to the legislature. The former Deputy Minister of Finance under the Mahama …