Tag: Bank of Ghana

BoG Slaps 5-Year Credit Ban on Wilful Loan Defaulters in Aggressive NPL Crackdown

BoG has imposed a five-year credit ban on wilful loan defaulters, mandated…

3 Min Read

Foreign-Owned Banks Offer Cheaper Credit to SMEs than Locals, But That’s Not the Full Picture  

Bank of Ghana’s June 2025 data shows foreign banks generally offer SMEs…

4 Min Read

Despite Wide Spread Cost of Credit Across Banks, Young Entrepreneurs Say Rates are Inimical to Business Expansion

The Chamber of Young Entrepreneurs warns that despite wide APR variations among…

3 Min Read

Stricter Credit, Liquidity, and Forex  Rules Set to Bolster Ghana’s Banking Landscape

Central bank tightens rules to strengthen risk management, liquidity, and FX compliance

3 Min Read

Bank of Ghana Approves Cross-Border Credit Partnership to Support Ghanaians Abroad

The Bank of Ghana approved an XDS Data–Nova Credit partnership enabling Ghanaians…

2 Min Read

ABSA, Republic Bank, Bank of Africa Lead Table with Cheapest SME Loans in Ghana

Bank of Ghana’s June 2025 data shows Absa, Republic, and Bank of…

4 Min Read

Here are Banks with Cheapest & Highest Interest on Household Loans – Insights from June APR League Table

Bank of Ghana’s June 2025 data shows Bank of Africa and Republic/GTBank…

3 Min Read

BoG’s Gold Purchase Programme Strengthens Cedi, Boosts Investor Confidence

BoG’s First Deputy Governor Dr. Zakari Mumuni says the Gold Purchase Programme…

2 Min Read

First Deputy Governor Champions Commodity-Led Strategy for Ghana’s Economic Resilience

BoG’s 1st Deputy Governor Dr. Zakari Mumuni highlights Ghana’s commodity-led strategy, citing…

3 Min Read

July Inflation Gives Life to MPC’s Condition for Further Policy Rate Cut in September, But Not Without Risk

Ghana’s July inflation dropped to 12.1% strengthening chances of another policy rate…

3 Min Read

Why Ghana and Other African Nations Are Accumulating Gold — and the Hidden Risks They Face

Ghana and other African nations are rapidly boosting gold reserves to stabilize…

4 Min Read

Dealing with Ghana’s Albatross of High NPLs; Dr. Atuahene Proposes 11 Actionable & Practical Solutions

To sustainably reduce lending rates, Dr. Richmond Atuahene recommends paying off arrears…

6 Min Read