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...
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...
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...
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...
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...
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...
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...
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...
The Bank of Ghana (BoG) has directed all participating institutions in the country’s credit reporting system to actively submit data on individuals and businesses to the licensed credit bureaus.In a notice, the BoG stated that “any institution engaged in any form of credit business [should] contact any of the three licensed credit bureaus — XDS Data Ghana Limited, Dun...
