Banks operating in Ghana wrote off GH¢1.39 billion in non-performing loans in the first ten months of 2025 as part of intensified efforts to strengthen balance sheets and…
Tag: Bank of Ghana
The Bank of Ghana (BoG) has declined to renew the authorisation of Black Star Brokerage Limited (BSB) to operate in Ghana’s foreign exchange (FX) market for the 2026…
The Bank of Ghana (BoG) has injected close to US$10 billion into the economy since January 2025 in one of its most aggressive interventions in recent history, aimed…
The Bank of Ghana’s Gold-for-Reserves (G4R) programme has recorded cumulative losses of GH¢4.893 billion over a two-year period, raising fresh concerns in Parliament over the cost structure and…
The Bank of Ghana has mandated the Ghana Card as the sole form of identification for all financial transactions, with immediate effect. The central bank said the revised…
The Asantehene, Otumfuo Osei Tutu II, has issued a strong call for the Bank of Ghana (BoG) to lead a deliberate national shift towards lower interest rates, insisting…
Chief Executive Officer (CEO) of Ghana Gold Board (GoldBod), Sammy Gyamfi, has launched a blistering response to critics he describes as “desperate doom-wishers, accusing them of deliberately manufacturing…
The Bank of Ghana (BoG) has taken a firm position that figures being circulated on alleged losses arising from gold trading operations in 2025, including those attributed to…
The International Monetary Fund has raised fresh red flags over Ghana’s gold-backed reserve accumulation strategy, disclosing that the Bank of Ghana (BoG) has incurred substantial financial losses running…