• About
  • Advertisements
  • Terms of Use
  • Contact
Thursday, July 10, 2025
The Sikaman Times
Advertisement
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
No Result
View All Result

BOG sanctions Fidelity, First National banks over forex breaches

by The Sikaman Times
June 29, 2023
BOG sanctions Fidelity, First National banks over forex breaches

Photo: courtesy

ShareTweetSendShareSend

The Bank of Ghana has penalized Fidelity Bank and First National Bank Ghana Limited due to the banks’ breaches of Sections 3.4, 3.5, and 3.9 of the Ghana Interbank Forex Market Conduct Rules.

It imposed a combined penalty of 1000 penalty points each on the two banks.

In a statement, the Central Bank declared that it had temporarily suspended the forex licenses of both banks. The suspension will be in effect from June 29, 2023, until July 28, 2023.

The Bank also warned all players in the forex market, including banks, forex bureaus, forex brokers, and money transfer operators (MTOs), to strictly adhere to the applicable regulations and guidelines governing the forex market.

Advertisement Advertisement
Tags: FeaturedFidelity BankFirst National Bank
ShareTweetSendShareSend
Previous Post

Assin North will be blue again: Akufo-Addo as he congratulates NDC

Next Post

Quayson appeals against daily court hearing; cites Akufo-Addo for prejudicial remarks

Related Posts

Country Senior Partner at PwC Ghana, Vish Ashiagbor
Business

GenAI trust and adoption surges in Ghanaian boardrooms – PwC survey

July 9, 2025
PwC Ghana - 2
Business

Ghanaian CEOs upbeat on economy but cautious about business-specific growth

July 9, 2025
Elizabeth Ofosu-Adjare-2
General

1D1F is no more – Trade Minister tells Parliament

July 9, 2025
CDD-Ghana presentation on DemCap
General

CDD-Ghana warns of rising threat of “Democracy Capture” in Africa

July 8, 2025
Mahama launches gold smuggling task force, announces whistleblower reward scheme
Business

Mahama launches gold smuggling task force, announces whistleblower reward scheme

July 8, 2025
Engineer & Planners Logo
Business

E&P responds to Azumah Mine controversy

July 8, 2025
Next Post
Quayson appeals against daily court hearing; cites Akufo-Addo for prejudicial remarks

Quayson appeals against daily court hearing; cites Akufo-Addo for prejudicial remarks

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • CDD-Ghana presentation on DemCap

    CDD-Ghana warns of rising threat of “Democracy Capture” in Africa

    1 shares
    Share 0 Tweet 0
  • Ablekuma North polls: High court dismisses NPP’s injunction application

    1 shares
    Share 0 Tweet 0
  • GMC to build $450m refinery, advancing value addition in mining sector

    7 shares
    Share 3 Tweet 2
  • Suspended CJ Torkornoo drags Gov’t to ECOWAS Court, says Deputy AG

    2 shares
    Share 1 Tweet 1
  • Ghanaian CEOs upbeat on economy but cautious about business-specific growth

    0 shares
    Share 0 Tweet 0
The Sikaman Times

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow Us

Browse by Category

  • Africa
  • Ahafo
  • Art & Entertainment
  • Arts & Entertainment
  • Ashanti
  • Aviation
  • Banking & Finance
  • Bono East
  • Brong Ahafo
  • Business
  • Business
  • Central
  • Communication
  • Culture
  • Eastern
  • Economy
  • Education
  • Entrepreneurship & Local Business
  • Exclude
  • Features
  • General
  • Ghana
  • Greater Accra
  • Health
  • Health
  • International
  • International Trade
  • Lifestyle
  • Lifestyle
  • Media
  • National
  • News
  • North East
  • Northern
  • Oil & Gas
  • Oti
  • Politics
  • Politics
  • Real Estate
  • Regional
  • Relationship
  • Relationship
  • Religion
  • Savannah
  • Social
  • Social
  • Sports
  • Sports
  • Technology
  • Trade
  • Transportation
  • Uncategorized
  • Upper East
  • Upper West
  • Volta
  • Western

Recent News

Country Senior Partner at PwC Ghana, Vish Ashiagbor

GenAI trust and adoption surges in Ghanaian boardrooms – PwC survey

July 9, 2025
PwC Ghana - 2

Ghanaian CEOs upbeat on economy but cautious about business-specific growth

July 9, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

About Us

© 2024 - The Sikaman Times

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus

About Us

© 2024 - The Sikaman Times

QUICK LINKS

About

Privacy Policy

Terms Of Use

Advertisement

Contact

FOCUS

Ghana

Africa

International

CATEGORIES

General News

Business

Opinions

Politics

Technology

EXTRAS

Sports

Entertainment

Health & Wellness

STAY CONNECTED

Facebook Twitter Youtube Instagram Linkedin

© COPYRIGHT 2022-2025
The Sikaman Times