Bank of Ghana (BoG): Purpose, Values, FAQ, Contact Details

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The Bank of Ghana (BoG) is the central bank of Ghana. It is located in Accra and was formed in 1957. The bank is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion.

Purpose

The Bank of Ghana is, therefore, charged with the responsibility of ensuring that the financial system is stable to ensure that it serves as a facilitator for wealth creation, economic growth and development.

Values

Values are individual beliefs that motivate people to act one way or another. They serve as a guide for human behaviour. Some values have intrinsic worth, such as love, truth, and freedom. Other values, such as ambition, responsibility, and courage, describe traits or behaviours that are instrumental as means to an end.

  • INTEGRITY. Know and do what is right.
  • RESPECT. Treating others the way you want to be treated.
  • RESPONSIBILITY. Embrace opportunities to contribute.
  • SPORTSMANSHIP. Bring your best to all competition
  • SERVANT LEADERSHIP. Serve the common good.

FAQ

What Is the Current Ghana Reference Rate?

The Bank of Ghana (BoG) has fixed the Ghana Reference Rate (GRR) for September 2018 at 16.12%, up by 0.12% from 16.10% in August 2018. This is the first time the GRR has been pegged upwards since its introduction in April 2018.

Which Bank in Ghana Has the Lowest Interest Rate?

GCB Base Rate Is The Lowest – GCB Bank Limited.

Which Bank in Ghana Gives the Highest Interest?

For agriculture, NIB and Republic Bank offered the highest interest rate of 34.8% and 33.5 – 34.2% respectively, while NIB, again, and CAL Bank offered the expensive loans at rates of 29.5 – 34.3% and 29%, respectively in the agriculture and manufacturing sectors.

What’s the Bank of Ghana USSD Code?

*894# is a quick, convenient, secure and easy way to perform your banking transactions (transfer money, check balance and lots more) anytime and anywhere, using any type of phone without the need for internet connectivity or date.

Contact Details

Address:
Bank of Ghana, One Thorpe Road
P.O. Box GP 2674, Accra

Tel: +233 30-2666174

Email: bogsecretary@bog.gov.gh

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