• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, October 2, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

BoG Signs MoU with Bank of Mauritius

Stephen M.Cby Stephen M.C
November 28, 2021
Reading Time: 3 mins read
Stephen M.Cby Stephen M.C
in Banking
0
BoG Signs MoU with Bank of Mauritius

The Bank of Ghana (BoG) has signed a Memorandum of Understanding (MoU) with Bank of Mauritius (BoM) in Port Louis to help develop the two institutions.

The Memorandum of Understanding is expected to deepen the existing ties of engagement between the two central banks. It is also to establish an arrangement for the exchange of information concerning the stability and development of the respective banking systems, and to establish a framework for capacity building in the financial services industry.

Not only that, the Memorandum of Understanding between the Bank of Ghana and the Bank of Mauritius will help the two nations to strengthen areas of compliance with international standards and regulations related to the financial market and the performance, and development of payment systems.

RelatedPosts

Cross-Border Payments in Minutes: Blockchain Touted as Africa’s Game-Changer at DASA 2025

ADB Boss Hails Akuapem Rural Bank for Empowering Over 5,000 Women with GH¢60m Loans

Government, et.al Unite to Reset Development Bank Ghana After Explosive Audit Report

Other areas to be strengthened include: the retail payments system, large-value payments and settlement system, financial inclusion, digital innovation in financial services as well as digital currencies and FinTech regulations.

The rest are risk-based supervision/macro-prudential supervision, anti-money laundering and combating the financing of terrorism and proliferation (AML/CFT), cyber security, climate change policies and other areas of central banking that are of mutual interest to BoG and BoM.

Another important aspect of the partnership is to enhance co-operation in the areas of research related to central banking.

The Second Deputy Governor of the BoM, Mrs. Hemlata Sadhna Serwah-Gopak signed for the BoM while Ms. Sandra Thompson, the Secretary, signed for the BoG in the presence of the two Governors.

Mr Harvesh Seegolam, the Governor of Bank of Mauritius, expressed his appreciation to the BoG for the signing of the Memorandum, noting that it would open up channels for co-operation between the two central banks.

He commended the BoG for the strides it has made in financial sector reforms including the area of digital financial services, among others.

“The signature of the MoU is a clear testimony of the spirit of cooperation between the Bank of Mauritius and the Bank of Ghana, as well as between the banking sectors of both countries respectively. Such international cooperation remains the linchpin for effective information exchange and collaboration on various topics between like-minded Central Banks.”

Mr Harvesh Seegolam

Mr Harvesh Seegolam noted that the MoU equally marks the continuation of the collaboration which started at national level between the two countries.

“I vividly recall the presence of Dr Mahamudu Bawumia, Vice President of Ghana, as Chief Guest at our National Day Celebrations in 2017. At that time, it was resolved that both countries will work together in regional and international to take the African agenda forward on all issues of common interest, including climate-change, environmental preservation, Sustainable Development Goals and security. At that time, a Double Taxation Avoidance Agreement was also signed.”

Mr Harvesh Seegolam

Dr Ernest Addison, the Governor of Bank of Ghana on the other hand, averred that the MoU which established a formal basis for cooperation, is expected to strengthen previous cooperation and facilitate the performance of the respective monetary policy, supervisory and regulatory duties of the two central banks.

With Dr. Addison were the Second Deputy Governor of the Bank, Mrs. Elsie Addo Awadzi, Ms. Sandra Thompson, the Bank’s Secretary, Mr. Eric Koranteng, Head of the Governors’ Department and Mr.Emmanuel Kinful, Special Assistant to the Governor.

READ ALSO: Ecobank files review application following Judgement Debt Notice

Tags: Bank of GhanaBank of MauritiusMoU
Please login to join discussion
Previous Post

Cool heads must prevail- Dr Cassiel Ato Forson to Majority Caucus

Next Post

OPEC+ likely to tread cautiously, assessing new Omicron variant- Vitol’s Muller

[mc4wp_form id="1264"]

Related Posts

President John Dramani Mahama
General News

Beyond US Visa Restriction Reversal: Ghana Moves to Renegotiate 15% Tariff and Secure AGOA Renewal

October 1, 2025
President John Dramani Mahama
General News

Mahama Commissions New Ambassadors, Demands High Standards of Service

October 1, 2025
Vance Signals US Indifference To India-Pakistan Conflict
USA

Vance Warns Of Layoffs If Shutdown Drags On

October 1, 2025
Vendor Engagement Seminar
Extractives/Energy

GNPC Hosts Maiden Vendor Engagement to Boost Local Content 

October 1, 2025
AI Apps to Transform Senior High School Education
General News

AI Apps to Transform Senior High School Education

October 1, 2025
Morocco Youth Protests Escalate Into Nationwide Unrest
Africa

Morocco Youth Protests Escalate Into Nationwide Unrest

October 1, 2025
President John Dramani Mahama
General News

Beyond US Visa Restriction Reversal: Ghana Moves to Renegotiate 15% Tariff and Secure AGOA Renewal

by Evans Junior OwuOctober 1, 2025
President John Dramani Mahama
General News

Mahama Commissions New Ambassadors, Demands High Standards of Service

by Evans Junior OwuOctober 1, 2025
Vance Signals US Indifference To India-Pakistan Conflict
USA

Vance Warns Of Layoffs If Shutdown Drags On

by Comfort AmpomaaOctober 1, 2025
Vendor Engagement Seminar
Extractives/Energy

GNPC Hosts Maiden Vendor Engagement to Boost Local Content 

by Prince AgyapongOctober 1, 2025
AI Apps to Transform Senior High School Education
General News

AI Apps to Transform Senior High School Education

by Silas Kafui AssemOctober 1, 2025
Morocco Youth Protests Escalate Into Nationwide Unrest
Africa

Morocco Youth Protests Escalate Into Nationwide Unrest

by Lawrence AnkutseOctober 1, 2025
President John Dramani Mahama
President John Dramani Mahama
Vance Signals US Indifference To India-Pakistan Conflict
Vendor Engagement Seminar
AI Apps to Transform Senior High School Education
Morocco Youth Protests Escalate Into Nationwide Unrest
[/vc_row_inner]

Recent News

  • Beyond US Visa Restriction Reversal: Ghana Moves to Renegotiate 15% Tariff and Secure AGOA Renewal
  • Mahama Commissions New Ambassadors, Demands High Standards of Service
  • Vance Warns Of Layoffs If Shutdown Drags On
  • GNPC Hosts Maiden Vendor Engagement to Boost Local Content 
  • AI Apps to Transform Senior High School Education
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.