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BOG suspends Forex License of GTB and FBN over breaches

BOG Bank of Ghana, commercial banks agree to pay cocoa bills retail investors

By Roselyn Gayaglo The Bank of Ghana (BoG) has suspended the foreign exchange trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana Limited (FBN), effective 18th March 2024, for a period of one month. This is in accordance with Section 11 (2) of the Foreign Exchange Act 2006, (Act 723).  A statement […]