Bank or Savings and Loans Company? What Is the Difference?
Many Ghanaians keep their money with one institution or another without fully understanding what type of institution it is. The…
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How Ghana’s Banking System Works — From Deposits to Loans
Most Ghanaians interact with banks regularly. They deposit salaries, withdraw cash, send mobile money from linked accounts, take loans, or…
2025 National Economic Dialogue: President Mahama Pledges to Safeguard Independence of Bank of Ghana
President John Dramani Mahama has pledged to support the Bank of Ghana in implementing prudent monetary policies to curb inflation,…
Dr. Johnson Asiamah Nominated as Governor of the Bank of Ghana
Dr. Johnson Asiamah Nominated as Governor of the Bank of Ghana In a significant development in Ghana’s financial sector, Dr….
BoG Warns Banks against photocopying Ghana Cards
The Bank of Ghana (BoG) has issued a firm directive against photocopying Ghana Cards for banking transactions, emphasizing that biometric…
Repay Your Loans To Avoid Higher Interest Rates – Former Deputy Governor Warns Businesses
In a compelling address at the Pentpreneur Conference 2025, the immediate past First Deputy Governor of the Bank of Ghana,…
BoG’s Monetary Policy Committee Maintains Lending Rate at 27% Once Again
The Monetary Policy Committee of the Bank of Ghana (BoG) has kept its key lending rate to commercial banks unchanged. It left…
Bank of Ghana Boosts Gold Reserves by 56% in Just One Year
The Bank of Ghana has increased its gold holdings from 19.5 tonnes in December 2023 to 30.5 tonnes in December…
Ghana Cedi Plunges to US$15.40 Despite Bank of Ghana’s Dollar Intervention
Businesses and individuals that currently need dollars for their operations are taking a major hit as the cedi continues to…
Treasury Bills Explained: How Ghanaians Can Lend Money to Government
Many Ghanaians have heard that treasury bills are a safe place to put money. Bankers mention them. Financial advisors recommend…
