Banking

S&P affirms Ghana’s “B-/B” credit ratings with stable outlook

Standard and Poor's (S&P) Global has affirmed Ghana’s credit ratings at “B-/B” on the country’s long- and short-term foreign currency as well as the...

T-bills auction: Gov’t exceeds target marginally; yield on 91-day bill remains unchanged

The government returned to oversubscription of its treasury bills as it exceeded its target marginally. According to auction results by the Bank of Ghana, the...

Treasury bill demand rebounds as investors submit GH¢3.66bn in bids

Investor demand for Treasury bills has rebounded strongly, with bids at the latest primary market auction exceeding the government’s target by GH¢904.64 million. The auction...

I resigned from Goldbod board five months ago – BoG Governor

Bank of Ghana (BoG) Governor Dr Johnson Asiama has clarified his relationship with the Ghana Gold Board (GoldBod), saying he stepped down from its...

There’ll be no GH¢500 note – BoG clarifies Heritage Series issuance

The Bank of Ghana (BoG) insists it will not issue new and higher-denomination banknotes as part of its “Heritage Series” rollout on November 3,...

Your next home could be here: Third JoyNews Republic Bank Habitat Clinic opens at Junction Mall today

Republic Bank Ghana, in partnership with JoyNews, is set to host the third edition of the JoyNews Habitat Clinic from September 25 to 27,...

Invest with confidence; Ghana’s golden era is beginning – Finance Minister

Finance Minister Dr Cassiel Ato Forson has urged businesses to invest with confidence, assuring them that the Government will sustain the gains made in...

BoG maintains Monetary Policy Rate at 14%

The Bank of Ghana (BoG) has left its Monetary Policy Rate unchanged at 14%, as the central bank assesses the risks to inflation and...

BoG to roll out new cedi banknotes in November

The Bank of Ghana (BoG) is set to introduce a redesigned series of Ghana cedi banknotes in November as part of measures to enhance...

Gold-driven cedi datability masking deep structural fragility – IERRP warns

The Institute of Economic Research and Public Policy (IERPP) has cautioned the Bank of Ghana and fiscal managers against over-reliance on record-high global gold...

Total mobile money transaction value hits GH¢3.8trn as of August 2026

The total value of mobile money transactions hit GH¢3.8trn in August 2028, the latest data from the Bank of Ghana has revealed. This indicates that...

Average lending rate stood at 15.9% as of August 2026

Ghana’s average lending rate stood at 15.9% as of the end of August 2026, according to data from the Bank of Ghana. The average cost...

Ghana’s public debt rises to GH¢733.9bn as domestic borrowing drives increase

Ghana’s public debt stock increased by GH¢13.1 billion between May and July 2026, rising from GH¢720.8 billion to GH¢733.9 billion, with the latest increase...

Ghana’s reserve buffer shrinks to 4.2 months as BoG flags fresh external risks

Ghana’s gross international reserves have fallen to about US$11.1 billion at the end of August 2026, reducing the country’s foreign-exchange buffer to 4.2 months...

Cedi depreciation hits 9.5% as renewed FX pressure weighs on currency

The Ghana cedi’s depreciation against the US dollar has widened to 9.5% in the first nine months of 2026, marking a sharp reversal from...

PBL welcomes new UCC Vice-Chancellor, strengthening lasting partnership

The newly invested Vice-Chancellor of the University of Cape Coast, Professor Denis Worlanyo Aheto, has paid a courtesy call on the Management of Prudential...

T-bills: 91-day, 364-day yields to trade slightly higher in second half of 2026

The 91-day bill is expected to trade within 5.5%-7.5% in the second half of 2026, while the 364-day bill would trade within 12.5%-14.0%. According to...

Former Barclays Bank Ghana MD and Hollard Group CEO Patience Akyianu passes on

The former Managing Director of Barclays Bank Ghana and Group Chief Executive Officer of Hollard Ghana, Patience Enyonam Akyianu, has reportedly passed away. Her reported...

Mahama, IFC boss discuss agriculture, industrialisation and infrastructure investments

President John Dramani Mahama has received the Managing Director of the International Finance Corporation (IFC), Makhtar Diop, for a high-level bilateral engagement aimed at...

GCB Bank unveils GH¢1m unsecured loans to boost business growth at Kumasi MSME Caravan

As part of its commitment to empowering small and medium-sized enterprises, GCB Bank PLC has held the Kumasi edition of its MSME Caravan Business...

IFC eyes $1.2bn investment pipeline for Ghana

The International Finance Corporation (IFC) of the World Bank Group is positioning to deepen its support for Ghana’s private sector, with a pipeline of...

Bond market: Turnover nearly doubled by 94.65% to GH¢4.13bn

The secondary market activity rebounded strongly, with turnover nearly doubling by 94.65% week-on-week to GH¢4.13bn. Trading was concentrated in the belly, with 2031-2034 maturities accounting...

Cedi under fresh pressure as Christmas import demand drives dollar surge

The Ghana cedi is facing renewed pressure against the US dollar, recording its second monthly depreciation since May as demand for foreign exchange continues...

Banks wrote off GH¢1.23bn as bad debt in the half-year 2026

Banks operating in Ghana wrote off GH¢1.23 billion in the first-half of 2026, according to the highlights of the Domestic Money Banks’ Income Statement. This...

Fitch lifts Ghana’s 2026 current account surplus forecast to 7.8%

Fitch Solutions has sharply upgraded its forecast for Ghana’s 2026 current account surplus to 7.8% of GDP, citing a stronger-than-expected trade performance during the...

CBG launches PWD loan initiative with 5% interest

Consolidated Bank Ghana (CBG) has launched a dedicated loan initiative for persons with disabilities at an interest rate of five percent. The initiative, launched in...

87% of COCOBOD’s cocoa roads contracts were directly awarded – IMF

The Ghana Cocoa Board (COCOBOD) has been flagged for major weaknesses in the procurement and management of projects under its cocoa roads investment programme,...

BoG warns public against 20 unlicensed mobile loan apps; check out full list

The Bank of Ghana (BoG) has identified 20 mobile loan applications operating in the country without the required licence or authorisation to provide digital...

Dud cheque issuers risk 1-year credit ban under new BoG rules

Customers who repeatedly issue dud cheques risk being barred from accessing fresh credit from banks and financial institutions for one year under the Bank...

Money supply increases to 28.5% year-on-year in June 2026

The annual growth in broad money supply (M2+) increased to 28.5% in June 2026, from 15.6% in June 2025. According to the Bank of Ghana,...

BoG expects cedi to remain stable despite rising demand for Christmas imports

The Bank of Ghana (BoG) expects the cedi to remain relatively stable for the rest of 2026 despite renewed demand for foreign exchange to...

Govt’s new four-year bond attracts GH¢4.46bn in bids

Government’s new four-year Treasury bond has attracted strong investor demand, with investors submitting GH¢4.46 billion in bids at the latest auction as the government...

Banking sector faces fresh risk if cedi starts sliding again – Dr Atuahene

Banking and Corporate Governance Consultant, Dr Richmond Atuahene, has cautioned that Ghana’s improving State-Owned Enterprise (SOE) finances could come under severe pressure if the...

BoG, SEC warn public against ‘Daily Wealth Guide’ crypto investment scam

The Bank of Ghana (BoG) and the Securities and Exchange Commission (SEC) have warned the public against a fraudulent crypto investment platform known as...

Manya Krobo Community Bank records strong growth, positions for strategic expansion

Manya Krobo Community Bank PLC has recorded a strong financial performance for the 2025 fiscal year, posting significant growth across key financial indicators and...

Internet banking transactions hit GH¢383.82bn in 2025

The total value of internet banking transactions recorded a significant growth of 80.7% to GH¢383.82 billion in 2025 from GH¢212.44 billion IN 2024. According to...

GEXIM Bank grows loan portfolio to GH¢1.56bn as equity hits GH¢2.1bn in 2025 – SIGA Report

The Ghana Export-Import Bank (GEXIM Bank) strengthened its financial position in 2025, recording substantial growth in interest income, net interest income, loans to businesses,...

BoG inaugurates committee to probe seized foreign currency at Ghana’s borders

The Bank of Ghana (BoG) has inaugurated a Preliminary Investigation Committee on Seized Foreign Currency as part of efforts to address the movement of...

Beyond the Numbers: Understanding the Bank of Ghana’s Domestic Gold Purchase Programme

Beyond the GH¢21.89 billion headline: Why the Bank of Ghana deserves a fair hearing and commendation For many Ghanaians, the mention of GH¢21.89 billion in...

IERPP warns rising poverty exposes Ghana’s economic growth as jobless growth

The Institute for Economic Research and Public Policy (IERPP) has expressed concern over the World Bank’s latest assessment that 56.4% of Ghanaians remain in...