{
  "id": 19668011,
  "title": "BoG develops own currency software to strengthen operational efficiency",
  "url": "https://urgent.news/2026/11/12/bog-develops-own-currency-software-to-strengthen-operational",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-12T15:16:52.000Z",
  "source": {
    "name": "GBC Ghana",
    "slug": "gbc-ghana",
    "url": "https://www.gbcghanaonline.com/news/business/bog-develops-own-currency-software-to-strengthen-operational-efficiency/2026/"
  },
  "original_language": "en",
  "account": "The Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, announced that the Bank has developed its own Enterprise Currency Operations Management Software, referred to as ECOMS, entirely in-house. This software, unveiled during the launch of the Ghana Cedi Heritage Series banknotes at Bank Square in Accra, aims to enhance coordination, strengthen operational efficiency, and facilitate effective currency management across the nation. Dr. Asiama expressed pride in the achievement and noted that several other central banks are keen to learn from this innovation.\n\nECOMS is part of the Bank's broader efforts to modernize currency operations. The Bank is continuously upgrading its currency processing centres, which now utilize advanced banknote processing systems to sort, authenticate, and eliminate unfit notes from circulation. This modernization is crucial to reinforce the confidence in the cedi, improve the quality of banknotes in circulation, and ensure that citizens receive clean, authentic, and durable currency.\n\nThe Ghana Cedi Heritage Series, which includes all existing denominations from GH¢1 to GH¢200, showcases national heroes, historic sites, monuments, and Adinkra symbols. The new series features enhanced security features, improved durability, and more portable sizes, thereby strengthening currency protection and improving convenience for everyday transactions. The Bank has ruled out the introduction of any note above GH¢200.",
  "summary": "By Love Wilhelmina Abanonave The Governor of the Bank of Ghana (BoG), Dr. Johnson Pandit Asiama, says the Bank has developed its own Enterprise Currency Operations Management Software, in short ECOMS, entirely in-house. “The bank has developed what we call the Enterprise Currency Operations Management Software, or in short, ECOMS. And we have done this […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}