The Bank of Ghana (BoG) in collaboration with the Ministry of Food and Agriculture (MoFA) and Alliance for a Green Revolution in Africa (AGRA) have been working tirelessly to design and implement Ghana Incentive-Based Risk Sharing System for Agricultural Lending (GIRSAL).
The Bank of Ghana (BoG) is marshaling all arsenal within its power to wage a vicious war on 10 unlicensed financial institutions and ‘millionaire’ fun clubs operating in the Eastern, Volta, Brong Ahafo, Northern, Upper East, and Upper West regions of the country.
The African Export-Import Bank (Afreximbank) has announced a proposal to introduce foreign exchange swap arrangements aimed at advancing the availability of foreign exchange to the Bank of Ghana (BoG) as part of a foreign exchange liquidity support for imports into Ghana.
The Bank of Ghana (BoG) has asked Ghanaians not to blame the current exchange rate mess on it – they should rather blame themselves for the huge consumption of foreign goods, currency expectations and the structure of the country’s economy.
Figures released by the Bank of Ghana (BoG) yesterday have revealed that the government has, within three months, added GH¢1.3 billion to the country’s debt stock.
The Bank of Ghana (BoG) has set mobile financial services for a boom following its approval and announcement of two new regulatory guidelines.
The Bank of Ghana (BoG) has decided to intervene on the foreign exchange market with a daily supply of $20 million to allow foreign investors to participate in the country’s short-term debt instruments.
Figures released by the Bank of Ghana (BoG) yesterday have revealed that the government has, within three months, added GH¢12.1 billion to the country’s debt stock.
The bleak economic story of Ghana, since 2013, is set to continue, as gross domestic product (GDP) growth is at its lowest in 14 years, and the dollar value of the economy has shrunk considerably.
There is the need for commercial laws and practices, for instance, dealing with treatment of loan defaulters, to be reviewed to ensure that clients do not take advantage of existing practices to abuse the protection offered by the commercial laws, the Chief Executive Officer (CEO) of The Royal Bank, Mr Robert Ekow Bentil, has advised. […]
