Ghana: BoG Has Enough Buffers to Meet Country's Debt Obligations

Ghana: BoG Has Enough Buffers to Meet Country's Debt Obligations

The Bank of Ghana (BoG) has built sufficient buffers to meet the country's debt obligations as they become due, the Governor, Dr Johnson Pandit Asiama, has said.

Bank of Ghana Warns Financial Institutions Against Unethical Loan Recovery

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/bank-of-ghana-warns-financial-institutions-against-unethical-loan-recovery/The Bank of Ghana (BoG) has cautioned financial institutions to avoid unethical practices when recovering loans from clients. Godfred Cudjoe, Head of the Credit Reporting Unit at BoG’s Financial Stability Department, stated that violators would face sanctions. “Be transparent in yo…

Move to introduce Islamic Banking on course …Prof. Gatsi to lead process

The  process to introduce Islamic Banking and Finance in the country is on course, Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama, has said. According to him, the Pro­fessor John Gartchie Gatsi, who is the Dean of the University of Cape Coast Business School, is leading a team to help drive the introduction of Islamic Banking in Ghana. Responding to a question during the 124 Monetary Policy Committee Press Conference last Friday, …

Financial institutions cautioned not to use unethical means to recover loans

By Juliet Aguiar DUGBARTEY, Takoradi The Bank of Ghana (BoG) has cautioned financial institutions across the country not to use unethical means for recovering loans from clients. “Any financial institution caught in this act will be sanctioned. Be transparent in your dealings when it comes to borrowing,” said Godfred Cudjoe, Head-Credit Reporting Unit, Financial Stability Department-BoG.A He was speaking to B&FT on the sidelines during a two-day…