Customers to face restrictions as CBG gets banned from conducting foreign exchange transactions for a month
The Bank of Ghana (BoG) has imposed a one-month suspension on Consolidated Bank Ghana (CBG), preventing it from conducting any foreign exchange transactions starting 26th November 2024. This restriction, issued under section 11 (2) of the Foreign Exchange Act, 2006 (Act 723), is expected to affect CBG customers who rely on the bank for foreign […]