BoG

The Bank of Ghana recorded a profit of ¢1.23 billion in 2021, lower than ¢1.57 billion was recorded in 2020, its 2021 Audited Financial Statement has revealed. Out of the income, ¢981.4 million has been set aside to purchase gold...
  • April 15, 2022
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Banks wrote off ¢349.36 million as bad debt in the February 2022, the Domestic Money Banks Income Statement has revealed. This is lower than the ¢364.46 million recorded in February 2021. The total provisioning comprising loan losses, depreciation, among others...
  • April 12, 2022
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The Bank of Ghana (BoG) says no real estate company in the country has been authorised to price or transact business in foreign currencies. Head of Financial Stability for BoG noted that although some hoteliers have been granted the permission...
  • April 9, 2022
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The business and consumer confidence surveys conducted by the Bank of Ghana in February 2022, has revealed a softening of sentiments with business confidence declining by a greater extent. While consumer confidence dipped by 0.7 percentage points, business confidence declined...
  • March 21, 2022
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On 31 January, the BoG maintained the policy rate at 14.5%, citing sharp increases in energy prices and growing pressures of demand. The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) on Monday (21 March 2022) raised the...
  • March 21, 2022
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