Tag: BOG
BoG suspends CBG’s forex trading license
The Bank of Ghana (BoG) has suspended the Foreign Exchange Trading Licence of Consolidated Bank Ghana (CBG) for a period of one month due...
BoG’s eCedi wins Innovation in Digital Currency Design Award
Ghana's central bank digital currency (CBDC), the eCedi has won the Innovation in Digital Currency Design award at this year's Payment, Innovation and Technology...
SIM Swap Fraud hits GHS4.633 million in 2023
The Annual Financial Fraud Report from the Bank of Ghana indicates that in 2023, a total of GHS4.633 million was lost to SIM swap...
Digital platforms fraud cases up, losses down in 2023
The annual Financial Fraud Report from the Bank of Ghana indicates that even though the number of fraud cases on the platforms of the...
Financial fraud hits GHS88 million in 2023
The latest annual Fraud Report from the Bank of Ghana indicates that in 2023, regulated financial institutions in the country recorded 15,865 fraud cases...
BoG to intensify crackdown on illegal lending apps
The Bank of Ghana (BoG) has announced plans to intensify its crackdown on illegal lending apps operating in the country.
Head of Fintech and Innovation...
BoG finally set to regulate Cryptocurrency and other Digital Assets
The Bank of Ghana (BoG) has finally issued a draft guidelines on digital assets that sets the tone for it to start regulating cryptocurrency...
MSMEs get $100 million funding under Ghana Integrated Financial Ecosystem
The Bank of Ghana (BoG), the Development Bank Ghana (DBG) working with its digital partner Proxtera and supported by the Monetary Authority of Singapore...
BoG appoints Advisor for Universal Merchant Bank
The Bank of Ghana (BoG) has appointed Dr. Joseph O. France as an Advisor for the management of Universal Merchant Bank LTD (UMB) effective...
Banks urged to host critical services locally after internet disruption due...
Financial and utility service providers in the country have been asked to host critical services locally following the recent internet service disruption due to...