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Press Release - Unauthorised Operation of US Money Lending Company Ltd.
Wednesday, 27 November 2013 17:33

The Bank of Ghana wishes to inform the General Public that it has come to its notice that a company operating under the name and Style of US Money Lending Company Ltd., a subsidiary of US Group of Companies, has been taking deposits and lending same to the General Public contrary to the Non-Bank Financial Institutions Act, 2008 (Act 774) the Rules and Guidelines for Tier 3 Microfinance Institutions.

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Acquisition of Merchant Bank Ghana Ltd by Fortiz Private Equity Fund Ltd
Friday, 01 November 2013 13:00

Fortiz Private Equity Fund Ltd, a wholly owned Ghanaian equity fund has reached agreement with the Social Security and National Insurance Trust (SSNIT) and SIC Life to take over the majority stake in Merchant Bank Ghana Ltd.

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Requirements & Responsibilities of PDs in the Govt. Securities Mkt.
Wednesday, 23 October 2013 11:51

In 1996, Bank of Ghana (BOG) introduced a system of Primary Dealers (PDs) in the Government Securities Market which was intended to enhance the ability of Bank of Ghana to achieve efficient funding of the Government of Ghana’s (GOG) Public Sector Borrowing Requirement (PSBR) through the development of strong primary and secondary markets.

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Guidelines for the Govt. Securities Mkt. for Primary Dealers
Wednesday, 23 October 2013 11:47

Bank of Ghana introduced the weekly treasury bills tender in 1987. The tender was opened to banks, discount houses and the public at large, although the public had to submit their applications through the banks.

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Code of Conduct for Primary Dealers of Govt. Securities in Ghana
Wednesday, 23 October 2013 11:41

Dealers in Government of Ghana securities have a duty to observe the highest standards of conduct and integrity.

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