Central Securities Depository - Central Securities Depository

BOG's Policy Rate remains unchange

Mr_Amissah-Arthur_Governor_of_BoG The Monetary Policy Committee (MPC) on Wednesday held its policy rate unchanged at 12.5 per cent for the third consecutive session, citing a fairly balanced outlook to inflation and growth.

BoG re-issues oversubscribed bond

Bank_Of_Ghana The Bank of Ghana will sell an additional GH¢200million of a five-year bond issued in August that sold at 14.25 percent and was oversubscribed by half.

Auction of the bond, which will set a new benchmark government’s five-year borrowing cost, is set for Thursday.

Re-Issue Of Additional Gh¢200 Million Government of Ghana 5-Year Bond Issued on 1St August 2011

1. INVITATION OF BIDS

The Bank of Ghana invites bids for the re-issue of the above instrument on behalf of the Government of Ghana through an auction process.

Highlights of the 2012 Budget

Dr_Duffuor_and_others The Minister for Finance and Economic Planning, Dr Kwabena Duffuor, today, Wednesday, November 16, 2011 presented the government's 2012 financial statement to

2012 Budget: Govt Expected To Focus On Job Creation

Dr_Kwabena_Duffuor_suit_case Analysts and economic watchers expect the government to focus on measures that will help open up the private sector to growth to enhance and promote job creation in the coming year, ahead of the government’s 2012 Budget and Economic Policy Statement to be presented to Parliament today.

Looking Forward to a Forward Looking Budget

duffour This year’s budget must focus on generating enough revenue to meet our expenditures and more. The 2011 budget targeted ghc10.6billion in revenue, adjusted in August with an supplementary ghc1.3billion to the end of the year.

BoG approves Access, IBG merger in Ghana

Access_bank_and_Intercontinental_bank_merge The Bank of Ghana (BoG) has approved the merger of Access Bank Ghana and Intercontinental Bank Ghana.

The BoG has approved the change of control processes for IBG’s operations within Ghana.

Finance Minister Suspends Ecobank’s Takeover of TTB

Finance Minister, Dr Kwabena Duffour has suspended Ecobank’s takeover of The Trust Bank. Joy Business has learnt the suspension is to give the minister an opportunity to engage all the interested parties following concerns raised about the takeover.

You can start a business at SHS – Dorothy Gordon

The Director-General of the Advanced Information Technology Institute at the Kofi Annan Centre of Excellence (AITI-KACE) says students at the senior high school must start thinking about private business.

Central Bank to protect standards in financial sector

Mr Seth Terkpeh, Deputy Minister of Finance said the Bank of Ghana has put in place strong regulatory and supervisory framework to ensure that the financial sector remains robust. The measure also aims at maintaining standards to protect depositors and serve the need of the citizenry.

Bank of Ghana's Response to Allegations of Illegal Money Transfers into Ghana

Attention of the Bank of Ghana has been drawn to reports in the media about illegal money transfer activities. The Daily Graphic of August 11, 2011 carries a story to the effect that the Bank of Ghana, the regulatory authority,

Ghana receives EUR 26.4 million as general budget support from EU

The European Union (EU) in Ghana has disbursed a total of EUR 26.4 million to the Government of Ghana for the year 2011 through the Ghana's Multi-Donor Budget Support (MDBS ) framework. This disbursement is in the context of the Millennium Development Goals Contract (MDG-Contract).

Central Securities Depository Now Wholly-Owned Subsidiary

The Central Securities Depository (CSD), formerly an internal unit of the Bank of Ghana (BoG) has been incorporated as a wholly-owned subsidiary of the Bank, according to a news release issued by the Bank in Accra, yesterday.A seven-member Board of Directors has therefore, been appointed to manage the company as an autonomous body corporate.