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Bank of Ghana’s New $250m Head Office [Video]

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A whooping $250 million is being expended by the Bank of Ghana to construct a new Headquarters in the heart of Ghana’s Capital, Accra.

The Project which is a 21 storey facility is specifically in Ridge in the Greater Accra Region, Adjacent the Greater Accra Regional Hospital, Ridge.

Currently under construction, the project which is reportedly 50% complete was awarded to De Simone Limited

Meanwhile, the Bank of Ghana recorded a loss of ¢60.8 Billion Ghana cedis in 2022, its Annual Report and Financial Statements has revealed.

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The Central Bank’s record loss is coming after it posted a ¢1.2 billion profit in 2021.

According to the Annual Report and Financial Statements, the loss is attributed to a decline in the Group’s net worth position due to the impact of the Domestic Debt Exchange Programme (DDEP) and impairment of some assets.

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Again, its total liabilities and subsidiaries exceeded its total assets by ¢54.52 billion.

In 2021, the Central Bank recorded a surplus of ¢5.72 billion

 

 

 

 

 

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Source:  myinfo.com.gh

 

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