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The Bank of Ghana plans to strengthen the SDI sector by enhancing governance structures and addressing mission drift. Efforts include engaging strategic investors and collaborating with the Ministry of Finance. …
Bank of Ghana’s Initiative to Strengthen the Specialized Deposit-Taking Institutions Sector Read More
Finance Minister Dr. Cassiel Ato Forson met with 22 banking leaders to discuss Ghana’s economic stability and growth. He proposed fiscal responsibility measures, including spending cuts and a primary surplus …
Finance Minister Discusses Economic Stability with Banking Sector Leaders Read More
Ghana’s central bank is collaborating with local lenders to tackle an alarming rise in bad loans, highlighted by one lender facing an 81% non-performing loans ratio. The industry average stands …
Ghana’s Central Bank Engages Lenders to Address Rising Bad Loans Read More
Minority Leader Alexander Afenyo-Markin has advised the Governor of the Bank of Ghana, Dr. Johnson Asiama, to maintain the independence of his office and resist political influence. He cautioned against …
Minority Leader Calls for Independence of Bank of Ghana Amid Political Pressure Read More
The Bank of Ghana, represented by Governor Dr. Johnson Asiama, defended the $11.1 million furnishing costs for its new headquarters during a Parliamentary session. He highlighted the inadequacy of the …
Bank of Ghana Justifies $11.1 Million Expenditure for New Headquarters Furnishings Read More
Dr. Johnson Asiama, Governor of the Bank of Ghana, confirmed his occupancy of the new headquarters, nearly 98% complete. He addressed concerns in Parliament regarding its cost, emphasizing adherence to …
Bank of Ghana Governor Confirms Operation from New Headquarters Read More
Ghana’s central bank has halted its gold-for-oil program to stabilize the cedi amid past economic volatility. New Governor Johnson Asiama aims to implement consistent monetary strategies, addressing financial instability from …
Ghana Suspends Gold-for-Oil Program to Stabilize Currency and Economy Read More
The Gold-for-Oil program in Ghana has been suspended by new Central Bank Governor Dr. Johnson Asiama due to policy and operational challenges. He emphasized the need for currency stability following …
Ghana Suspends Gold-for-Oil Program as New Central Bank Governor Focuses on Currency Stability Read More
Ghana’s central bank has halted its gold-for-oil program, citing the need for economic stability after previous volatility. Governor Johnson Asiama believes the cedi will stabilize with improved fiscal discipline under …
Ghana Halts Gold-for-Oil Program to Stabilize Economy Read More
On February 25, 2025, the Bank of Ghana and the National Bank of Rwanda signed a Memorandum of Understanding to create a fintech licence passporting framework, which will facilitate cross-border …
Bank of Ghana and National Bank of Rwanda Introduce Fintech Licence Passporting Framework Read More