Search results for "BoG"

172 results.

Business
BoG directs payments platform Dash App to halt operations
Founded by Prince Boakye Boampong, the fintech has been operating in Ghana since 2019. It currently also has operations in Nigeria and Kenya.
DL News16 March 2022
Courts
Court orders BoG to produce Capital Bank’s Statement of Account
This was after lawyers for the founder of the Bank, Ato Essien had earlier prayed the court to compel the Bank of Ghana to produce the said documents.
DL News3 March 2022
Courts
GH¢ 620m liquidity support: Ato Essien denies taking Gh¢ 200m
Essien denied the assertion, stating that he only got GH¢27.5 million, which was legitimately paid to him by the Capital Bank for his role as a transaction advisor in securing the liquidity support from the BoG.
GRAPHIC ONLINE25 February 2022
General
Police Administration holds discussion with BoG over banking sector security
In attendance were members of the Police Management Board; the Governor of BoG and his Deputies; the President, the Chief Executive Officer (CEO) and other executive members of the Association of Bankers.
DL News14 October 2021
General
BoG: Rural banks must meet minimum capital requirement by end of 2021
Central banks around the globe are exploring the introduction of digital currencies and Ghana is among the leading African countries to enter the pilot phase.
DL News31 August 2021
Business
BoG flags 20 unlicensed mobile loan apps, warns public
According to the central bank, the affected digital lenders are providing credit services in breach of the Directive for Digital Credit Service Providers in Ghana.
DL News8 October 2026
Courts
Daniel Ofori vs. Ecobank Ghana Limited and 2 Others Revisited
“From the totality of the evidence before us and the application of the relevant law, the court holds that, the Respondent is entitled to monthly compounded interest on its principal investment sum of Gh¢6,162,240.00, calculated at a monthl...
DL News6 July 2026
Business
Mahama assents to VASP Bill, formally legalising and regulating crypto and virtual assets in Ghana
The assent, confirmed in a statement by Mensah Thompson, Deputy Director-General of the Securities and Exchange Commission (SEC), follows Parliament’s approval of the Bill
DL News31 December 2025
Business
BoG to crack down loan defaulters with tough new sanctions
Under the new measures, individuals identified as wilful loan defaulters by regulated financial institutions (RFIs) will be blacklisted from accessing credit for up to five years.
DL News18 June 2025
Business
Foreign currency services restored at CBG as trading licence reinstated
This development allows CBG to fully resume foreign exchange services at all branches nationwide, providing customers with a seamless experience for buying and selling foreign currencies.
DL News9 December 2024
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 News5 March 2024
Business
Desist from dealing with these eight unlicensed money transfer organisations - BoG cautions
“By this Notice, all market players are reminded of the directives above and entreated to comply accordingly"
DL News17 November 2023
General
Mahama Ayariga petitions OSP to probe BoG bosses, others over procurement of new office complex
The petition dated October 30, 2023, also wants the OSP to further investigate members of the Board of Directors of the Central Bank, the Chief Executive Officer of Messrs. Goldkey Properties Ltd and the project consultants
DL News31 October 2023
Crime
More than 400 unlicensed loan administrators arrested, says EOCO
"A joint technical task force comprising EOCO, the BoG, and the Cyber Security Authority (CSA) was constituted to clamp down on the activities of unlicensed digital loan application platforms.
DL News12 July 2023
Courts
Court to deliver judgment on case against Ato Essien, 2 others December 1
Together with the former MP of the Bank, Rev Fritzgerald Odonkor, and a former MD of the MC Management Services, Tettey Nartey, they are standing trial for various offenses
DL News29 November 2022
Courts
Former CEO of Beige Bank charged with money laundering, theft
He is expected to appear before the Financial and Economic Crime Division of the High Court in Accra to answer the various charges, according to a suit filed by the Attorney General’s Office on November 2, this year.
GNA7 November 2022
Business
Capture your rights of enforcement in collateral agreements – BoG to Lenders
Lenders' right to enforcement under the Borrowers and Lenders Act, 2020 (ACT 1052) offers three remedies in the event a borrower defaults on payment.
DL News19 April 2022
Courts
I expressed reservations about GH¢ 27.5M paid to Ato Essien – Capital Bank former MD
State Prosecutors have accused the founder of the bank, William Ato Essien, and two others of causing the insolvency of the bank by stealing about GH¢200 million of a GH¢620 million liquidity support given to the bank by the Bank of Ghana.
DL News7 April 2022
Business
Desist from dealing in illegal forex activities - BoG
Such violations are punishable on a summary conviction, by a fine of up to 700 penalty units or a term of imprisonment of not more than 18 months, or even both.
DL News7 April 2022
Courts
Ato Essien case : Bank of Ghana official cross-examined
A Deputy Chief Manager at the Banking Department of the Central Bank, Emmanuel Edward Arhin produced some documents on the liquidity support and was cross-examined by lawyers for the first accused.
DL News18 March 2022