Banking and Finance
CBG supports NDA to send over 500 Kayayei home
Consolidated Bank Ghana (CBG) has donated GHc50,000 to the Northern Development Authority (NDA) project to help over 500 Kayayei return...
New GCX initiatives aim to attract more commercial trades
In an effort to boost trading volumes and values, the Ghana Commodity Exchange (GCX) is set to introduce a new,...
Ghana prepares to begin 2nd exchange of automatic information
Effective September this year, Ghana will commence its second Automatic Exchange of Financial Account Information Standard (AEOI) for tax purposes...
World Bank supports jobs, skills development and digital transformation in Ghana
The World Bank’s Board of Executive Directors approved US$315 million from the International Development Association (IDA)* to support job creation,...
Domestic forex markets trading to be legalized
A new regulatory initiative is underway which could legalize foreign exchange trading on local Ghanaian platforms as early as next...
Banks focus on restructuring existing loans
Despite concerted policy initiatives by both the Bank of Ghana and government itself to keep up lending by banks and...
First National Bank appoints Dominic Adu as first Ghanaian CEO
First National Bank Ghana has appointed Dominic Adu as its first Ghanaian CEO effective Wednesday July 01, 2020. Dominic takes...
US$375m committed to FX forward market
In the first half of 2020, the Bank of Ghana has committed a total of US$ 375 million onto the...
BoG introduces online payment service for collateral registry
The central bank has introduced an online payment service for the Collateral Registry web-based system. A notice issued by the...
Global dollar crunch appears over as central banks rely less on Fed backstop
A global crunch for U.S. dollars that was a hallmark of the early moments of the coronavirus crisis appears to...
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