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BoG reinstate Foreign Exchange Trading Licence of UBA Ghana

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The Bank of Ghana has announced the lifting of the suspension of the Foreign Exchange Trading Licence of United Bank for Africa (UBA) Ghana Limited, effective 19 October 2025.

According to a press statement issued by its Communications department, it noted that the decision follows UBA’s adherence to the suspension conditions imposed and the implementation of remedial measures that have been reviewed and found satisfactory by the Bank.

The Bank of Ghana remains committed to maintaining the integrity of the foreign exchange market and ensuring that all licensed market participants operate in strict compliance with the Foreign Exchange Act, 2006 (Act 723), and all other applicable regulatory guidelines.

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