Bog

Average lending rates fall consistently from January 2024 to 30.71% in July

BoG introduces new methodology for computing FX Market Reference Rate

We recognise importance of gold as a reserve asset and strategi role to play economic development

T-bills auction: Government fails to meet target only a week of oversubscription; interest rates rise

Banks, SDIs issued 53,522 dud cheques to credit bureaus in 2023

21.188m loan records submitted to credit bureaus monthly in 2023 – BoG

Borrowers credit worthiness: Financial institutions record 2.114m enquiries monthly from credit reference bureaus

BoG records significant reduction in complaint over credit reporting

GIRSAL gives 17 financial institutions GH¢1.18bn loans – Governor

BoG directs banks to submit strategies aimed at reducing financial fraud

BoG pledges to continue to bolster engagements with financial institutions to reduce fraud

Cedi records gains against dollar, others last week; one dollar going for GH¢16.41

Staff of banks involved in fraud increases by 46% in 2023; BoG expresses worry

Money lost through fraud cases in financial sector increased by 7% in 2023 to hit GH¢88m –BoG

T-bills auction: Government records marginal oversubscription; pays slightly more for 91-day bill

Deloitte Assurance Partner, nine others appointed members of National Sustainability Reporting Implementation Committee

There is some uncertainty regarding inflation path for year – BoG

Government spent GH¢101.21bn in half-year 2024

Banks wrote off GH¢1.048bn as bad debt in half-year 2024, 39% lower over previous year

Banking sector recovering from Post-DDEP, but asset quality remains a concern – Monetary Policy Report

Total assets of banking sector increase by 33.3% to GH¢323.2bn – BoG

Bad loans in banking sector grow by 49.4% to GH¢20.4bn – BoG

Banks shareholders’ funds grew sharply by 44.9% to GH¢32.3bn -BoG

Business confidence dipped due to rapid exchange rate depreciation in May 2024 – BoG report

New vehicle registration for first 5 months of 2024 increases by 10.2% – BoG report

Number of advertised jobs goes down marginally – BoG

Cedi depreciation to slow down this week as demand pressure subsides, one dollar equals GH¢16.28

BoG reaffirms commitment to clamp down unauthorized lending platforms

T-bills auction: Government misses target again; interest rates shoot up

Total value of secured loans by banks, SDIs in quarter 2, 2024 estimated at GH¢10.8bn

Total number of collateral registrations recorded in second quarter of 2024 hit 80,873

Next of Kin does not automatically inherit account of a deceased person – BoG

BoG takes on Ablakwa over $20m transfer claims, describes his actions as ‘unfortunate’

Next of Kin does not automatically inherit bank accounts – BoG

T-bills auction: Government misses target again, but interest rates ease

Cedi stability: Build 6 months of reserves, exhibit fiscal prudence – IEA to BoG, government

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