Banking

Activity in the secondary bond market surged 65% week-on-week to GH¢907 million from GH¢550 million the previous week.The February 2029 and February 2031 maturities...

The government has missed its treasury bill target for the first time in 2025, recording an 18% under-subscription in the latest auction. According to auction...

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, will today, March 24, 2025, chair his first Monetary Policy Committee (MPC) meeting...

The Ghana Association of Banks President, Kwamina Asomaning, has made a strong case for heightened ethical training in the banking sector, stressing the need...

Commercial banks have begun exploring more lending options for businesses and diversifying their investments into high-yielding asset classes in response to declining Treasury Bill...

The Bank of Ghana Act 2002 (Act 612) grants the central bank operational independence and mandates the establishment of a Monetary Policy Committee (MPC)...

The President of the Ghana Association of Banks, Kwamina Asomaning, has expressed optimism about the country’s banking sector, stating that Ghana is on a...

Some Eurobond investors impacted by Ghana's Domestic Debt Exchange Programme (DDEP) have initiated legal action against commercial banks over their role in restructuring bonds. According...

Member of Parliament for Ofoase Ayirebi and former Minister of Housing, Kojo Oppong Nkrumah, has raised concerns about the 2025 budget statement, suggesting that...

Vice President Professor Jane Naana Opoku-Agyemang has sworn in the newly constituted 12-member governing board of the Bank of Ghana (BoG), urging them to...

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has committed to restoring the financial strength of the central bank, assuring that...

Government spokesperson Felix Kwakye Ofosu has highlighted the collapse of Ghana’s poultry industry and emphasized the importance of the new ‘Nkukor Nkitinkiti’ policy aimed...

Ofoase-Ayirebi Member of Parliament (MP) Kojo Oppong Nkrumah has criticised the Mahama-led government over the budgetary allocation for the Women's Development Bank. Finance Minister Dr....

The High Court (Human Rights Division) has overturned the Bank of Ghana’s (BoG) decision to revoke the operating licence of Ideal Finance Limited, ruling...

Government, through the Finance Ministry, has announced the allocation of GH¢51.3 million as seed money for the establishment of the Women's Development Bank. Finance Minister...

The Bank of Ghana (BoG) is set to introduce new measures to stabilize the cedi and reduce exchange rate volatility. Finance Minister Dr. Cassiel Ato...

Finance Minister Dr. Cassiel Ato Forson has announced that the Bank of Ghana (BoG) is seeking a GH₵53 billion bailout to address its negative...

First Atlantic Bank, a leading force in Ghana’s banking sector, has once again solidified its position as a trailblazer in digital banking, securing five...

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has revealed plans to conduct a value-for-money audit on the newly constructed headquarters...

Inflation for February 2025 has reduced marginally to 23.1 percent from the 23.5 percent recorded in January, driven by a 1.8 percent drop in...

eTranzact Ghana, a leading provider of payments technology, was awarded the title of ‘Fintech Company of the Year’ at the 4th Ghana Fintech Awards,...

The Finance Minister, Dr. Cassiel Ato Forson, has revealed that the net borrowing by the Mahama government currently stands at GH₵7.1 billion,Also, the administration...

President John Mahama has announced that processes are underway to ensure the successful establishment and launch of the Women’s Development Bank. Delivering the State of...

President John Mahama has urged calm among bondholders while pledging his commitment to honoring all financial obligations. Delivering his first State of the Nation Address...

The newly sworn-in Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has outlined plans to address the central bank’s negative equity position...

The Government has borrowed an amount of GH₵59.68 billion from the domestic money market within seven weeks of assuming office this year. The amount was...

President John Mahama has expressed confidence in Dr. Johnson Pandit Kwesi Asiama’s ability to steer Ghana’s economy toward sustained growth. The President gave the assurance...

The Supreme Court will today rule on a case filed by a private legal practitioner Jonathan Amable seeking to immediately stop government from...

The Deputy Finance Minister nominee, Thomas Nyarko Ampem, has urged a non-partisan approach to discussions on the Domestic Debt Exchange Programme (DDEP) payments, emphasising...

President John Mahama has nominated the Head of Financial Markets at the Bank of Ghana (BoG), Dr. Zakari Mumuni, as the First Deputy Governor...

The government rejected GH¢10.865 billion worth of bids tendered for treasury bills as demand for short-term instruments surged to a record high. The Treasury recorded...

Banking consultant Dr. Richmond Atuahene has raised concerns over the involvement of financial institution staff in cash theft, cautioning customers against blindly trusting bank...

The Finance Ministry has revealed that Ghana lost GHȼ4.6 billion to tax expenditures in 2023—a 4.2% drop from the GHȼ4.8 billion recorded in 2022. While...

The Director of the Institute of Statistical, Social and Economic Research (ISSER), Professor Peter Quartey, has urged the government and the leadership of the...

The Bank of Ghana (BoG) has commenced an audit of remittance activities covering the fourth quarter of last year, from October 1 to December...

The Minister of State for Government Communication, Felix Kwakye Ofosu, has dismissed claims by former Finance Minister Dr. Mohammed Amin Adam that the payment...

After implementing a domestic debt exchange program that concluded in February 2023 with over 80% participation, the government is preparing to re-enter the local...

Former Finance Minister Dr. Mohammed Amin Adam has credited the New Patriotic Party (NPP) for ensuring timely coupon payments under the Domestic Debt Exchange...

The Convener of the Pensioners Bondholders Forum, Dr. Adu Anane Antwi, has urged the government to ensure it fulfills its financial obligations to investors...

The Ministry of Finance has released GH₵6.081 billion to settle all bondholders under the Domestic Debt Exchange Programme (DDEP). This follows President John Mahama’s directive...