Ghana’s banks need central bank support to survive amid domestic restructuring of government debt, economists say.
It also launched foreign exchange trading in 14 emerging market currencies including the Ghana Cedi, Sri Lankan Rupee and Bangladeshi Taka, bringing the total number of tradable foreign currencies up to 61. The Bank enriched its hedging and trading product systems and unveiled new products such as...
CalBank Plc, previously known as Continental Acceptance Limited, and later CAL Merchant Bank, is a Ghana-based company active in investment, corporate and retail banking, and brokerage and asset management services. It was incorporated on 20th March, 1989 under the companies code, 1963 Act 179,...
The study aims to identify the determinants of digital financial inclusion (DFI) and its role in micro enterprises’ ease of doing business. The study is based on the World Bank’s Enterprises Survey of Micro Firms (ESM) 2022 data of 998 micro-enterprises. The variables that measure access ...
As the upgraded banknote series began to issue, the Bank of Ghana was planning its next step – the addition of two new high denominations. Issuing new higher denominations is rarely straightforward. Their high face value means they can act as stores of value, and in cash-intensive economies,...
We thank PhD seminar participants at the University of Ghana Business School, participants at the December 2022 World Finance & Banking Symposium Conference held at Miami, Florida International University, for their suggestions and useful comments. All errors and omissions remain ours. ...