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The Bank of Ghana is enhancing the Specialized Deposit-Taking Institutions (SDI) sector to strengthen governance and address mission drift. Mr. Ismail Adam emphasized the importance of industry-led consultation for mergers …
Bank of Ghana’s Commitment to Strengthening the Specialized Deposit-Taking Institutions (SDI) Sector Read More
Dr. Cassiel Ato Forson, Minister of Finance, met with banking leaders to discuss economic stability and growth strategies on March 20, 2025. Key topics included fiscal discipline, expenditure cuts, and …
Finance Minister Engages Banking Leaders to Foster Economic Stability and Growth Read More
Ghana’s central bank is addressing a notable rise in bad loans, notably with one lender having an 81% non-performing loan ratio, amidst a broader industry rate of 21.8%. Governor Asiama …
Ghana Central Bank Engages Lenders to Address Rising Bad Loans Read More
Minority Leader Alexander Afenyo-Markin has urged Dr. Johnson Asiama, Governor of the Bank of Ghana, to maintain independence and resist political influence. Amidst debates on the Bank’s new headquarters, he …
Minority Leader Calls for Independence of Bank of Ghana Amid Political Tensions Read More
Dr. Johnson Asiama, Governor of the Bank of Ghana, confirmed that he operates from the new headquarters, which is 98% complete. He addressed concerns about the project’s cost and necessity …
Governor of Bank of Ghana Confirms Operations from New Headquarters Read More
Dr. Johnson Asiama, Governor of the Bank of Ghana, defended the $11.1 million furnishing cost for the new headquarters before Parliament. The new facility, inaugurated in November 2024, aims to …
Bank of Ghana Justifies $11.1 Million Furnishing Cost for New Headquarters Read More
Ghana’s Central Bank has halted its gold-for-oil program to stabilize the cedi amidst economic fluctuations. Governor Johnson Asiama aims to reinforce monetary policy and fiscal discipline to ensure foreign exchange …
Ghana Halts Gold-for-Oil Program to Stabilize Cedi and Economy Read More
Dr. Johnson Asiama, Ghana’s new central bank governor, has suspended the Gold-for-Oil program due to operational challenges and financial losses. The program aimed to stabilize fuel prices using gold instead …
Ghana Suspends Gold-for-Oil Program as New Central Bank Governor Prioritizes Currency Stability Read More
Ghana’s central bank has discontinued its gold-for-oil program under Governor Johnson Asiama, who anticipates cedi stabilization after previous volatility. With interest rates at 27 percent and inflation easing, the governor …
Ghana Halts Gold-for-Oil Initiative to Stabilize Cedi Read More
The Bank of Ghana and the National Bank of Rwanda have signed an MoU to launch a fintech licence passporting framework, enabling cross-border operations and payment interoperability for regulated fintech …
Bank of Ghana and National Bank of Rwanda Launch Fintech Licence Passporting Initiative Read More