Financial Stability Department

BOG educates public on Dud Cheques

The Bank of Ghana (BOG) has continued its financial literacy education as it enlightens the…

Commissioner of Insurance Receives GJA Honours

The Commissioner of Insurance, Mr. Justice Yaw Ofori, has been conferred with ‘Honorary Membership’ status,…

Banking Sector Passes Credit Risk Test

The system of the banking sector proves to be generally resilient, having successfully passed the…

Retention Ratio Remains High at 79% in the Insurance Industry

The insurance industry retained 79 percent of the premium income received in the year 2019.…

Insurance Penetration Remain Low Despite Increase in Premiums

The premium income received by the insurance sector increased from 18 percent in December 2018…

Credit Bureau Agencies Record 71% Increase in Complaints, Disputes

The total number of complaints and disputes received from customers of financial institutions to credit…

“MONEY DOUBLING” and “CARD LOADING SYSTEMS” is Illegal

The practice of “Money Doubling”, “Card Loading” and “Credit Card Loading Systems” by individuals and…

Individual Borrowers Account for 96% of Borrowers in Credit Bureau Agencies

Individual borrowers accounted for 96 percent of the total number of unique borrowers in credit…

Monthly Data Submissions to Credit Bureaus Agencies Reduce By 28.5%

The monthly submissions of data on individual loans by financial institutions to credit bureaus agencies…

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