Central Banking

Ghana’s Amissah-Arthur on a step to modernise payments

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Kwesi Bekoe Amissah-Arthur, the governor of the Bank of Ghana, on 9 September inaugurated the Central Securities Depository Ghana as an independently governed central bank subsidiary.

As part of a series of initiatives to modernise payments, clearing and settlement systems; the Central Securities Depository will be given the sole responsibility of electronically issuing and redeeming government securities.

The depository, established in 2004, had previously been a unit of the central bank but

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