The Bank of Ghana (BoG) has denied claims it engaged in frivolous spending following reports that it blew US$504,000 on gold watches explaining that the expenditure is part of its policy.
GHC 900 million released to pay customers of affected micro-finance companies – BoG Receiver
License revocation: Government makes available over GHC900m to pay affected customers
Full list of 137 microfinance companies ‘in good standing’ after cleanup
GH¢ 1.4bn used in the closure of Heritage, Premium banks — BoG reveals
Only 137 microfinance companies are fit to operate in Ghana - BOG announces
Bank of Ghana clean-up leaves only 137 microfinance companies in good standing
14 answers on why BoG revoked licenses of 347 insolvent microfinance institutions
BoG revokes licences of 347 microfinance companies; 137 remain
Licence of 386 financial institutions revoked
Government must be transparent on how loans were used - Alex Mould
137 microfinance companies ‘in good standing’ after cleanup
There will be no job losses - BoG assures after licenses revocation
BoG rejects GHC6 to a dollar EIU projection
BoG secures GHc900 to clean up microfinance sector
Banking sector now resilient – BoG
Non-Performing loans still high
Ghana adds 21.4 billion cedis to debt stock in three months
Alex Mould writes; Banking Crisis Part 1: Bank of Ghana is to blame
BoG’s Monetary Policy Committee keeps policy rate at 16%
Banking reforms, step in the right direction – Canadian Investor
Resources not available to undertake GH¢7bn non-banking sector clean-up - BoG
Poor records and non-existent data pose challenge to debt recovery – Governor
GCB Bank backs BoG on special court to prosecute financial cases
GCB throws weight behind BoG for Special Court
Banking crisis: 50 directors, shareholders of collapsed banks to face court
Finance Ministry releases about GHC1bn for microfinance, rural bank cleanup
Bank bust: 50 court cases against shareholders, directors, loan defaulters – Addison
Bank bust: BoG chases shareholders, directors, loan defaulters
Banks collapse: Only GH¢731 million out of GH¢10.1 billion loans recovered — Governor
Set up special courts for financial cases – BOG boss
Ghana to recruit more banks to market its domestic bonds
Banks’ paid-up capital shows 74.8% increase after BoG reforms
Impact of financial sector reforms will be felt long-term — BoG
Deposits of banks have increased after recapitalization - BoG
Charge in GH¢ only or be punished - Bank of Ghana warns public
BoG to punish businesses, individuals who charge in dollars