THE JCS JOURNAL
THE MONTHLY NEWSLETTER OF JCS INVESTMENTS LIMITED
This Month’s Newsletter entails:
- The current inflation rate and monetary policy rate as provided by the Bank of Ghana.
- News highlights on the financial and banking sector of the Ghanaian Economy.
- Details on a new book released by the CEO of JCS Investments Ltd.
NEWS HIGHLIGHTS
CURRENT INFLATION RATE: 38.1%
CURRENT MONETARY POLICY RATE: 30.0%
BoG commences development of a framework to assess the sustainability of banks – Governor
The Bank of Ghana has commenced the development of a Business Model and Viability Analysis (BMVA) Framework to enhance its supervisory practices for assessing the sustainability of banks’ business models.
We remain committed to a quick turnaround of economy – Ghana Association of Banks
Banks in Ghana have indicated their commitment to collaborate with the government, relevant ministries, the Bank of Ghana and other regulatory bodies to ensure a quick turnaround of the economy.
Zenith Bank Ghana ceases operations as a trustee in securities industry and capital market
The Securities and Exchange Commission (SEC) has announced that Zenith Bank Ghana has voluntarily ceased to operate as a trustee in the securities industry in the capital market.