E-Cedi transaction value hits GH₵473m in pilot phase – BoG
The Bank of Ghana’s eCedi pilot has achieved a major milestone, recording a transaction value of GHȼ473 million, with over 96,000 transactions during the testing...
Tag : BoG
Staff involvement in Bank fraud rises 46%, losses hit GH¢63m in 2023 – BoG Report
The Bank of Ghana (BoG) has raised concerns over the number of staff involved in fraudulent activities in banks and specialised deposit-taking institutions (SDIs). Data...
Next of Kin does not automatically inherit bank accounts – BoG
The Bank of Ghana (BoG) has advised the public to carefully consider their choice of next of kin, stressing that they select someone who is not only...
BoG launches centralised forex platform
The Bank of Ghana (BoG) has launched a centralised foreign exchange trading platform. In a statement dated July 30, Sandra Thompson, Secretary to the Bank...
We didn’t incur losses because of new head office project – BoG
The Bank of Ghana (BoG) has defended its decision to continue building a new head office despite posting a significant loss of 10.50 billion cedis...
BoG bans Directors of failed Banks from key positions
The Bank of Ghana has notified financial institutions to abide by the Banks and Specialised Deposit-Taking Institutions Act, 2016 as well as the Fit and...
Reports about introduction of 1% cybersecurity levy fake – BoG to public
The Bank of Ghana has issued a notice to the general public, urging them to disregard fake reports of an alleged plan by the apex...
BoG maintains policy rate at 29%
The Bank of Ghana (BoG) has maintained its Monetary Policy Rate (MPR) at 29 per cent. This comes as the International Monetary Fund (IMF) warned...
BoG nears zero counterfeit with clean note policy
The Bank of Ghana has reiterated its commitment to combating the circulation of counterfeit currency. The Central Bank emphasizes its progress toward achieving a zero-counterfeit...
BoG’s 1% policy rate cut is a big joke – Togbe Afede
Togbe Afede XIV, the Agbogbomefia of the Asogli State, has strongly criticised the recent decision by the Bank of Ghana (BOG) to reduce the policy...