172 results.
General
Between the years 2017 and 2019, Ghana’s banking sector underwent an unprecedented period of reform which was prompted by widespread regulatory breaches, poor governance, undercapitalization, and unsustainable lending practices.
Ama Anima Konadu
General
This article explores the various regulators who regulate financial institutions such as banks, microfinance, insurance companies amongst others as well as the critical role of regulatory compliance in the financial sector, the challenges i...
Ama Anima Konadu
Business
In a 4-page letter addressed to the Governor, Mr. Adongo referred to a response attributed to the BoG Governor during the recent MPC Press Conference in which he(The Governor) suggested that $300 million of the SDR equivalent will be surren...
DENNISLAW NEWS
Business
The central bank declined Parliament's invitation, bringing up instead, a response on its mandate and statutory powers to undertake the banking sector clean-up exercise.
DL News
Courts
On October 23, 2019, the Founder of TI Microfinance Limited, Emmanuel Babuboa, filed a certiorari application at the High Court urging the court to quash the decision of the BoG to revoke the operating licence of the company
B&FT
Business
The case stemmed from a 2022, directive issued by the BoG directing all commercial banks, including Universal Merchant Bank Ltd (UMB), to secure written "No Objection" from its outfit.
DL News
Crime
Sibton Switch Systems Limited filed a request for arbitration on April 9, 2018, against the Bank of Ghana specifically citing a breach by the BoG relative to the termination of the master agreement for the Ghana Retail Payment Systems Infra...
DL News
Courts
NAM 1, the former CEO of the defunct Menzgold Ghana Limited, is on trial over allegations that he and his companies induced and defrauded more than 16,000 people.
DL News
Business
The move, announced in a policy paper titled “Ghana’s Policy Position on Virtual Assets and Service Providers” and released on November 5, 2025, represents a major policy shift toward formal regulation
DL News
Business
At a recent engagement with bank executives following the Monetary Policy Committee (MPC) meeting, BoG Governor Dr. Johnson P. Asiama outlined a refreshed supervisory agenda aimed at strengthening institutional governance, cybersecurity, an...
DL News
Business
Speaking to chief executives of commercial banks following the BoG’s latest Monetary Policy Committee (MPC) meeting—his first as Governor—Dr. Asiama emphasized the need for transparent communication and innovative lending strategies that pr...
DL News
Business
BoG said the sanctions are intended to curb the increasing issuance of dud cheques and restore confidence in cheques as a payment instrument.
DL News
Courts
Giving evidence as the second prosecution witness (PW2) under cross-examination, Madam Adumuah said BoG interbank rates for the period in question ranged between GH¢5.2793 and GH¢5.7573 to the US dollar.
DL News
Business
In a recent notice aimed at promoting financial literacy, the Central Bank stressed the importance of building a consistent savings habit, noting that it is never too early—or too late—to start.
DL News
Business
In a public notice dated June 10, 2025, the BoG flagged YellowPay, a product of Yellow Card Financial Inc., for falsely promoting itself as a provider of digital payment services, cryptocurrency trading, and cross-border remittance solution...
DL News
Business
The court found that BoG failed to follow due legal procedures before stripping Ideal Finance of its license, rendering the revocation unlawful.
DL News
Business
It featured the Director of Research and Member of the Monetary Policy Committee of the BOG, Philip Abradu-Otoo, a Professor of Economics and Director of ISSER, Prof Peter Quartey, and Ag. Head of Markets at Absa Bank Ghana, Jacob Brobbey.
DL News
Business
According to the BoG, this directive will “address the perennial complaints that emanate from the capture of Payment Cards at Automated Teller Machines of Regulated Financial Institutions”.
DL News
Business
The policy seeks to enhance transparency, reinforce market confidence, and strengthen Ghana’s macroeconomic resilience under a flexible exchange rate regime.
DL News
Business
In a statement released on July 29, 2025, the central bank said it had observed continued non-compliance by some banks, Dedicated Electronic Money Issuers (DEMIs), Enhanced Payment Service Providers (EPSPs), and Money Transfer Operators (MT...
DL News
