Business
BoG suspends forex trading licences of GTBank and FBNBank
The suspension is also in accordance with section 11 (2) of the Foreign Exchange Act 2006, (Act 723).
DL News
Results for "Bank of Ghana"
5452 results.
General
Finance Ministry wants President Akufo-Addo to defer assent to Anti-LGBTQI Bill
It has also suggested an effective engagement with conservative countries, including the Arab countries and China, to trigger resources to fill in the potential financial gaps likely to be created by the passage of the bill.
DL News
Business
Regularize operations by June 2026 or face shutdown-BoG to mobile loan operators
The central bank announced that effective November 3, 2025, it will begin receiving licensing applications from companies seeking to operate as Digital Credit Services Providers
DL News
Business
Large exposures directive for banks, others issued by BoG
The directive aims to mitigate risks by limiting the maximum loss Regulated Financial Institutions (RFIs) could face if a counterparty or a connected group of counterparties suddenly defaults.
DL News
Business
BoG suspends CBG Forex trading licence for 1 month
The BoG stated that this decision aligns with section 11 (2) of the Foreign Exchange Act, 2006 (Act 723).
DL News
Business
Bank of Ghana closes Dek-Nock Investments for taking deposits without licence
This action is in accordance with Section 20(2)(g) of the Banks and Specialised Deposit-taking Institutions Act, 2016 (Act 930).
DL News
Courts
Alleged panic withdrawal story: Blogger, another charged, granted GH¢20,000 bail
Jeffrey Eppirim Nyame, the blogger, is facing a charge of publication of false news
GNA
Business
BoG warns public against 20 unlicensed mobile loan apps
The affected apps are Cascredit, Cash Future, Cash Cedi, Cashpal, Cashpal Pro, CreditGo, Funds Credit, Glow Credit, Moni Wave and MoniLend. The others are Nova Cedi, Onua Loan, Quick Cedi, Sika Boost, Sika Credit, Sompa Loan, Sune Credit, S...
DL News
Business
Bank of Ghana rolls out new anti-money laundering rules for agency banking
The AML/CFT/CPF Agency Banking Guidelines, which take immediate effect, are issued under section 101(2)(j) of the Payment Systems and Services Act, 2019 (Act 987) and section 52(5)(e)(i) of the Anti-Money Laundering Act, 2020 (Act 1044).
DL News
Courts
Court dismisses BoG's application,clears path for suit against cedi depreciation
Justice Audrey Kocuvie-Tay, who presided over the matter, ruled that the suit raised legitimate legal questions rooted in gross negligence and could not be described as an abuse of court process, as argued by BoG’s legal team. She added tha...
DL News
Business
BoG rolls out new exchange rate guidelines for shipping industry
A statement issued by the BoG and signed by its Secretary, Sandra Thompson, emphasized that the guidelines are mandatory for all industry participants and that non-compliance could attract administrative sanctions.
DL News
Business
World Bank official stresses practical skills in contract management
Ms. Tutunji shared these remarks on Monday, April 28, 2025, during the opening session of a four-day training workshop focused on contract administration using FIDIC standards.
DL News
Business
Banking fraud cases hit ¢1bn in 2020 – BoG
Key recommendations by the Bank of Ghana to help fight current fraud trends include consumer education on the safe usage of digital/electronic products
DL News
Business
BoG unveils tough new rules to tackle rising non-performing loans
In a notice issued this week, the Central Bank said the move re-emphasizes existing prudential guidelines while introducing additional credit risk management controls aligned with international best practices.
DL News
Courts
Court adjourns case of two Nigerians accused of kidnapping 80-year-old American
Emmanuel Adedoyin Adebayor, a 28-year-old trader, and Esther Ogbonna, a beautician, remain in police custody after failing to meet their GH₵500,000 bail conditions.
DL News
General
Afenyo-Markin questions BoG Governor’s early assumption of duty without Council of State approval
His letter highlights the fact that Dr. Asiamah has already begun performing official duties despite not yet receiving approval from the Council of State
DL News
General
'Concise Law of Banking' ; Launching on October 31
The book, authored by a former lecturer in banking law at the Ghana School of Law, Nana Kegya Appiah-Adu (Mrs) is commissioned by the Institute for Law & Development (ILAD).
DL News
Supreme Court News
Supreme Court case diary for week commencing March 14 -15 2023
The particular cases up for consideration are civil motions, civil appeals, writs, and a criminal appeal
DL News
Business
Rural and Community Banks recorded highest rate of staff involvement in fraud cases in 2021 – BoG report
The fraud report presents an overview of fraud typologies recorded in the Banking and SDI sector and Electronic Money Issuers (EMI) sector.
DL News
Courts
Former NAFCO boss arrested at airport over alleged attempt to access frozen account
Deputy Attorney-General and Minister for Justice, Dr Justice Srem-Sai, announced the development in a Facebook post.
DL News