Banking and Finance
BoG raises policy rate by 100 basis points to 14.5 per cent
The Monetary Policy Committee (MPR) of the Bank of Ghana has increased its policy rate by 100 basis points from...
Capital Bank was insolvent, had toxic assets and many non-performing loans – Ato Essien
Founder of defunct Capital Bank William Ato Essien has admitted that the bank faced severe financial challenges before the revocation...
2022 Budget to be heavy on job creation, entrepreneurship – Ken Ofori-Atta hints
Finance Minister, Ken Ofori-Atta has indicated that the 2022 budget will be heavy on job creation and entrepreneurship. According to...
Offline payments to be possible with e-cedi
Ghana is working towards offering its Central Bank Digital Currency (CBDC) to citizens without an Internet connection. The Bank of...
Government to issue GHS21.17 billion debt in Q4-2021
Government’s domestic debt securities issuance calendar for the final quarter of 2021 illustrates just how much of a fiscal quandary...
CIMG releases 1st ever bank customer satisfaction survey
The Chartered Institute of Marketing Ghana has released a ground breaking research driven survey report on customer satisfaction in Ghana’s...
Cedi heading for record stability in 2021
…despite recent temporary spike in depreciation Bank of Ghana chieftains are confident that the cedi is on the way to...
Banks PBT shoot up 27% to ¢4.9bn in August 2021 – BoG
The profit before tax (PBT) of the banking industry shot up by 27.4% to ¢4.9 billion in the first eight...
New BoG data reaffirms Ghana’s economic rebound
…despite inflation and exchange rate pressures At the weekend the Bank of Ghana released its latest economic figures which were...
Banks demanding wide interest rate spreads
…to compensate for perceived high credit risk Data released last week by the Bank of Ghana on the lending rates...
TRENDING
RECOMMENDED
