Ghana has maintained its position as the world’s leading country in mobile money regulation, according to the Global System for Mobile Communications Association (GSMA) Mobile Money Regulatory Index (MMRI) 2025. Ghana achieved an overall score of 96.10 percent, from 95.06 percent in the previous year. This milestone underscores Ghana’s leadership in creating a world-class regulatory environment that enables mobile money...
The Governor of the Bank of Ghana (BoG) Dr Johnson Asiama has cautioned commercial banks against excessive reliance on net interest income, warning that a changing interest rate environment could test the resilience of earnings across the industry. Addressing heads of banks in Accra on February 18, 2026, the governor noted that while interest income remains a core component of...
The Bank of Ghana (BoG) has assured the public and financial sector players that the regulation of virtual assets in Ghana is not intended to create an alternative or “parallel” financial system, but to expand the existing regulatory perimeter. With the Virtual Asset Service Providers Act now enacted, the central bank says the focus has shifted to putting the law...
The Bank of Ghana (BoG) has emphasized the need for banks to diversify their revenue streams, warning that overreliance on net interest income could increase financial vulnerability, especially in a fluctuating economic environment. According to Dr. Johnson Asiama, Governor of the Bank of Ghana, while net interest income remains a core and legitimate source of revenue, heavy dependence on it...
The Bank of Ghana (BoG) has announced a strategic shift in its supervisory framework, integrating business model analysis into regular assessments of banks. This move is aimed at identifying emerging risks early and enabling timely policy and regulatory interventions. According to Dr. Johnson Asiama, Governor of the Bank of Ghana, the initiative will allow supervisors to gain deeper insights into how...
The Bank of Ghana (BoG) is pushing for more banks to list on the Ghana Stock Exchange (GSE) as part of efforts to deepen Ghana’s capital markets and strengthen corporate governance in the financial sector. Addressing heads of banks at the 128th post-Monetary Policy Committee meeting, the Governor, Dr. Johnson Asiama encouraged banks to consider public listing, stressing that the...
The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has cautioned banks against complacency in credit risk management, despite recent improvements in asset quality. Addressing heads of banks at the 128th post-MPC meeting, the Governor acknowledged that non-performing loans, (NPLs) have declined. However, he stressed that NPLs remain above benchmark levels and continue to pose a structural concern for...
The Bank of Ghana (BoG) has clarified that digital innovation, and virtual assets will not sideline or weaken the Ghana cedi, assuring the public that the local currency remains central to the country’s monetary system.The Acting Head of FinTech and Innovation at the Bank, Owuraku Asare, said digital financial developments are intended to complement not undermine the cedi. “Digital innovation...
