Tag Archives: BOG

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 …

The Bank of Ghana (BoG) has launched a regulatory and innovation sandbox pilot. According to the Bank in a release, the launch took place on Thursday, February 25, 2021. The release indicated that the launch was in collaboration with EMTECH Service LLC. “This is in line with its commitment to …

New data released by the Bank of Ghana suggests that Ghana’s economy may have begun a rebound from the contractions it suffered during the second and third quarters of 2020 as a result of the adverse impact of COVID-19 and the requisite socio-economic restrictions imposed by government to curb the spread of infection. The …

Consumer and business confidence in the Ghanaian economy continues to soar in spite of the difficult macroeconomic challenges facing the country, the Bank of Ghana (BoG) has said. Governor of the BoG, Dr Ernest Addison who disclosed this in a press statement on the 98th meeting of the Monetary Policy Committee (MPC) …