DOSSIER: Bank of Ghana
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.
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137 microfinance companies ‘in good standing’ after cleanup
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There will be no job losses - BoG assures after licenses revocation
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BoG rejects GHC6 to a dollar EIU projection
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BoG secures GHc900 to clean up microfinance sector
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Banking sector now resilient – BoG
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Non-Performing loans still high
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Ghana adds 21.4 billion cedis to debt stock in three months
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Alex Mould writes; Banking Crisis Part 1: Bank of Ghana is to blame
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BoG’s Monetary Policy Committee keeps policy rate at 16%
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Banking reforms, step in the right direction – Canadian Investor
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Resources not available to undertake GH¢7bn non-banking sector clean-up - BoG
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Poor records and non-existent data pose challenge to debt recovery – Governor
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GCB Bank backs BoG on special court to prosecute financial cases
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GCB throws weight behind BoG for Special Court
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Banking crisis: 50 directors, shareholders of collapsed banks to face court
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Finance Ministry releases about GHC1bn for microfinance, rural bank cleanup
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Bank bust: 50 court cases against shareholders, directors, loan defaulters – Addison
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Bank bust: BoG chases shareholders, directors, loan defaulters
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Banks collapse: Only GH¢731 million out of GH¢10.1 billion loans recovered — Governor
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Set up special courts for financial cases – BOG boss
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Ghana to recruit more banks to market its domestic bonds
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Banks’ paid-up capital shows 74.8% increase after BoG reforms
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Impact of financial sector reforms will be felt long-term — BoG
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Deposits of banks have increased after recapitalization - BoG
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Charge in GH¢ only or be punished - Bank of Ghana warns public
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BoG to punish businesses, individuals who charge in dollars
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Stop charging in foreign currencies – BoG warns
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Don’t charge, pay for goods and services in foreign currency – BoG warns
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Banknotes were not upgraded because of counterfeiting – BoG
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Upgraded bank notes to go into circulation today
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Circulation of new cedi notes starts today
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Bank of Ghana reiterates position on foreign currency use
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Full banking sector confidence would be realized before end of year - BoG Governor
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Bank of Ghana threatens to revoke licenses of nearly 40 forex operators
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Economist lauds BoG’s directives on forex importation and exportation
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Declare if you’ve over $10k on you – BoG to travellers