The Governor of Bank of Ghana (BoG), Dr Abdul Nashiru Issahaku has hinted that it intends to discourage Microfinance Institution (MFI) operators from setting up sophisticated branches using depositors’ funds in the country.
Tag: Dr Abdul-Nashiru Issahaku
Ghana Maintains Key Policy Rate at 25.5 Percent
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has maintained its policy rate at 25.5 percent today, citing the declining trends observed in headline inflation, core inflation and postive inflation expectations.
BoG Policy Rate Cut: Analysts Sceptical
Analysts have been expressing varied views on the 50-basis points reduction in the policy rate, with some saying it probably would not coax the banks into interest rate cuts in the short term, at least.
Ghana Keeps Key Rate at 26% for 3 Consecutive Times
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has maintained its policy rate at 26% for three consecutive times this year, citing declining inflation and stability of the Ghana Cedi.