Daily Archives - February 11, 2026
11Feb

Africa’s 100 Most Influential Women 2025: Ghana’s Gloria Darline Quartey Honoured Among the Continent’s Trailblazers

Ghana’s Gloria Darline Quartey, Principal of the National Banking College, was honoured in Kigali among Africa’s 100 Most Influential Women 2025 for transforming financial education The High Street Journal Nov 11, 2025 The Rwandan capital glowed with elegance and purpose over the weekend of November 7–8, 2025, as the 4th Edition of the African Women Awards celebrated the continent’s 100 Most Influential...

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11Feb

Bank of Ghana rolls out structured auction system for dollar interventions

The Bank of Ghana has introduced detailed new guidelines to govern its foreign exchange spot interventions, signalling a more structured and transparent approach to managing volatility in the cedi without targeting a fixed exchange rate. In a public notice, the central bank said the framework would follow a “structured discretion-under-constraint approach”, stressing that interventions “do not target a specific exchange...

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11Feb

Easing interest rates: Banks now actively offering loans – BoG Governor

Commercial banks are increasingly reaching out to customers to offer loans, a development the Bank of Ghana says reflects easing interest rates, improved liquidity conditions and renewed confidence within the banking sector, following recent monetary policy easing.The Governor of the Bank of Ghana, Dr. Johnson Asiama, disclosed at the 128th Monetary Policy Committee (MPC) press briefing in Accra on...

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11Feb

Total value of mobile money transactions for 2025 hits GHC 4.5 trillion

The total value of mobile money transactions reached a record GHC 4.5 trillion in 2025.The revelation was captured in the Summary of Economic and Financial Data released by the Bank of Ghana on January 29, 2026. The data highlights strong month on month growth, especially in the last quarter of 2025. The figures show that in September 2025, the total...

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11Feb

Banks NPLs ease to 18.9% in December 2025, but remain elevated – BoG

The Non-Performing Loan (NPL) ratio of banks improved to 18.9% in December 2025, from 21.8% in 2024, although it remained elevated. According to the Bank of Ghana, ongoing policy measures aimed at resolving legacy loans, enforcing strict credit underwriting standards, and addressing willful defaults are expected to further improve asset quality. Similarly, the easing of the policy rate is expected to...

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11Feb

We need a single African currency to enable seamless trade – Pearl Nkrumah

The Managing Director of Access Bank Ghana and Chairperson of the Ghana Stock Exchange, Pearl Nkrumah, has emphasised the critical role of efficient payment systems and enabling platforms in facilitating African trade and investment. Speaking at the 2026 Africa Prosperity Dialogues at the Accra International Conference Centre (AICC) on Wednesday, Mrs Nkrumah stated that access to financing alone is not...

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11Feb

The share of the microfinance sector to the overall banking sector declined from about 15% to 8.0% between 2017 and 2024.

According to the Bank of Ghana, this decline is not merely a financial outcome, but it reflects a reduced contribution to financial inclusion and development, as well as an erosion of confidence in the sector. It added that the sector is plagued by persistent fragmentation, weak capital bases, governance deficiencies, operational inefficiencies, high and often indiscriminate interest rates, and widespread...

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11Feb

BoG advocates practical framework to support orderly listing of banks on GSE

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has called for the development of a practical framework to guide commercial banks seeking to list on the Ghana Stock Exchange (GSE). Speaking at the inaugural meeting of the Steering and Technical Committees of the Commercial Bank Listing Project, Dr. Asiama stressed that the initiative forms part of broader...

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11Feb

BoG announces guidelines to govern foreign exchange spot interventions

The Bank of Ghana (BoG) has announced guidelines to govern the conduct of Foreign Exchange (FX) Spot Interventions. According to the Central Bank, the FX interventions will follow a structured discretion-under constraint approach, ensuring that interventions do not target a specific exchange rate level but rather address market failures. It explained that the rule-based approach will allow the exchange rate to...

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11Feb

BoG revises directive on Net Open Position limits

Banks shall not hold long positions in pound, euro and other currencies, according to the revised directive of the Net Open Position (NOP). According to the directive, the Single Currency Position limit for each currency shall range from 0% to -10% of Net Own Funds (NOF). Daily changes in NOP, excluding contingent liabilities, shall be fully reconciled with the net foreign...

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