Dr-ernest-addison-2

BoG marks end of year with Thanksgiving Service

Revocation of licences of UT, Capital banks were strict requirements from IMF – Dr. Addison

Akufo-Addo applauds BoG Governor, his two deputies for prudent economic management

New BoG head office will reduce cost of operations – Dr. Addison

BoG Governor urges IMF to continue leading in debt restructuring and relief efforts for heavily indebted countries

We have enough dollar reserves to deal with Christmas festivities pressures – Dr. Addison

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

Recent data shows the economy is recovering – BoG

Cross border interoperability: Governor calls for effective collaboration between regulators, financial institutions, others

“I urge those engaging in unnecessary currency speculation to reconsider, there’ll be market correction” – Governor

BoG permits banks with stronger capital positions to pay interim dividend

We remain fully committed to our supervisory role to foster trust and confidence – BoG

You will regret your actions soon; BoG Governor to currency speculators

MPC keeps policy rate at 29 percent

BoG Governor appointed chairman of COCOBOD Educational Trust Fund

We will remain vigilant in our oversight operations of all financial institutions – Governor

IMF, World Bank should better align their support for Lower Income Countries – BoG Governor

We will continue to implement policies to boost foreign reserves; reserves estimated at $6.2bn – Governor

We expect cedi to remain relatively stable against dollar going forward – Governor

More than half of 23 banks fully recapitalized – BoG

BoG announces another increase in banks cash reserve ratio

BoG maintains policy rate at 29%; cost of borrowing will remain relatively unchanged

Africa’s future lies in leveraging digital technologies – Governor

Idris Elba calls on Dr. Addison to discuss collaboration to support creative arts industry

Monetary Policy Committee cuts policy rate to 29.0%

We expect early recapitalization to promote banking sector resilience – Governor

We are on course to bring down inflation drastically – Governor

“We need to manage a tight fiscal consolidation” in an election year – Dr. Addison cautions

We recorded zero BoG financing from 2017 to 2019 and 2021 until Covid-19 set in – Governor

We have invested heavily in technology to correct bank weaknesses

Evidence is clear economy is responding to policies by BoG – Governor

Insights from BoG Governor: Unpacking pre-covid stability and post-covid crisis

Banks capital quality boosted due to implementation of Basel Capital Standards – Governor

Banking sector shows stability; banks record ¢7.10bn profit as of October 2023 – Governor

Domestic Gold Purchase Programme: BoG has purchased $1.14bn worth of gold – Governor

Ghana Financial Stability Fund has taken off – Governor

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