The Bank of Ghana (BoG) has proposed rules requiring lenders to assess borrowers’ ability to repay loans from income and cash flows, rather than rely on collateral. …
Tag: Bank of Ghana
The Bank of Ghana (BoG) is developing a directive to regulate the use of artificial intelligence (AI) in the financial sector, as it seeks to promote innovation while…
The Bank of Ghana (BoG) has urged banks to strengthen credit risk management, fraud controls, cybersecurity and liquidity frameworks to safeguard the resilience of the financial sector. Dr…
The Bank of Ghana (BoG) is preparing to introduce a new series of Ghana Cedi banknotes, the Ghana Cedi Heritage Series, as part of a broader effort to…
Ghana’s gross international reserves currently provide 4.2 months of import cover, but the Bank of Ghana says the country’s external position could come under pressure in the third…
After months of heightened investor participation on the primary market, demand for Treasury bills weakened at the latest auction, with total bids falling short of the government’s target…
President John Dramani Mahama has disclosed that $2 billion has been set aside to finance the construction of the Accra-Kumasi Expressway, assuring that funding will not be a…
The Bank of Ghana has flagged 20 mobile loan applications for operating without the requisite licence or authorisation to provide digital credit services in Ghana. The affected applications…
The Bank of Ghana (BoG) has urged the media to exercise restraint and provide adequate context in reporting exchange rate movements. The Central Bank cautioned that unbalanced narratives…
The Bank of Ghana (BoG) has firmly dismissed media reports suggesting that it is considering the sale of its newly commissioned headquarters in Accra, describing the claims as…