Monthly Archives - October 2021

BoG stress tests: banks remain resilient

Latest stress tests conducted on the banking sector by the Bank of Ghana show that banks remained resilient under mild to moderate stress conditions supported by the strong capital and liquidity buffers and the regulatory reliefs introduced during the Covid-19 pandemic. In addition, results from the latest Credit Conditions Survey point to a potential increase in demand for credit over...

BoG spent ¢337.5m in printing cedi notes in 2020

The Bank of Ghana spent ¢337.5 million last year in printing currency notes, its 2020 Annual Report has revealed. This is compared with ¢306.2 million the previous year. According to the report, the Central Bank also spent ¢7.9 million in 2020 on other currency management operations, as against ¢3.9 million in 2019. This put the total currency issue expense in 2020 at...