4 d. ago Ghana’s financial sector stability sustained but risks remain – IMF

According to the Bretton Woods institution, the strengthened banking sector indicators reflect recapitalisation progress by most banks affected by the domestic debt exchange (DDE) with more expected to restore a capital adequacy ratio (CAR) of 13.0% without reliefs by end-2025.

Politics

8 d. ago Photos: First Atlantic Bank PLC officially listed on Ghana Stock Exchange

In a move that signals robust investor confidence in Ghana’s financial sector, First Atlantic Bank PLC officially rang the bell on the trading floor of the Ghana Stock Exchange (GSE) on Friday, marking its transition to a publicly-listed entity.

Politics

1 week ago Banking Leaders Call for Higher Ethics After Sector Clean Up

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/banking-leaders-call-for-higher-ethics-after-sector-clean-up/Ghana’s banking industry leaders emphasized stronger ethical standards and risk management as 186 professionals were inducted as chartered bankers, with warnings that banking failures extend beyond financial halls into households and businesses. The Chartered Institute of Bankers, Ghana held its 17th Induction and Graduation Ceremony, where newly chartered bankers joined a profession tasked with safeguarding […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/banking-leaders-call-for-higher-ethics-after-sector-clean-up/

Politics

1 week ago JoyBusiness Review 2025: Banks must increase lending to agriculture despite risks – Prof. Quartey

Professor Peter Quartey, Director of the Legon Centre for International Affairs and Diplomacy (LECIAD) and former head of ISSER, says Ghana’s agricultural sector continues to suffer from poor access to credit because banks perceive it as too risky despite government interventions. Speaking on the JoyNews Business Economic Forum, Prof. Quartey said lending to agriculture remains […]

Culture

1 week ago Bank of Ghana Signals Stricter Banking Supervision Despite Sector Recovery and Profitability Gains

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-signals-stricter-banking-supervision-despite-sector-recovery-and-profitability-gains/Bank of Ghana (BoG) Governor Dr Johnson Asiama announced the central bank will introduce new stress tests, recovery planning requirements and stricter enforcement measures to protect financial stability despite banks returning to profitability during a post Monetary Policy Committee (MPC) meeting with bank heads on Wednesday December 18. The regulator stated the next phase of […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-signals-stricter-banking-supervision-despite-sector-recovery-and-profitability-gains/

Politics

1 week ago No bank has been cited, sanctioned by any regulatory or law enforcement agencies – Association of Banks

“Ghana’s banking sector operates within a robust and evolving regulatory and supervisory framework. Banks are subject to stringent obligations under the Anti-Money Laundering (AML) Act 2020 (Act 1044) (including new guidelines on AML issued in 2025), the Anti-Terrorism (Amendment) Act 2014 (Act 875), the Banks and Specialised Deposit-Taking Institutions Act 2016 (Act 930), and the Payment Systems and Services Act 2019 (Act 987), supported by detailed directives and guidelines issued by the Bank of Ghana”, it said.

Events

1 week ago BoG Governor urges banks to support real sector after policy rate cut

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has appealed to commercial banks to channel more credit to the real sector of the economy, particularly small and medium-sized enterprises (SMEs), following the recent reduction in the policy rate to 18 percent. Speaking at an engagement with Chief Executive Officers of commercial banks, […]

Events

3 w. ago Bank of Ghana to Issue Revised Cybersecurity Directive for Financial Institutions

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-to-issue-revised-cybersecurity-directive-for-financial-institutions/The Bank of Ghana plans to issue a revised Cyber and Information Security Directive early next year, introducing tougher governance standards and expanding sector-wide monitoring systems as rising digital payments expose banks and fintechs to sophisticated attacks. Officials announced the measures at a cybersecurity summit in Accra, emphasizing the need to match regulatory frameworks with […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/bank-of-ghana-to-issue-revised-cybersecurity-directive-for-financial-institutions/

Politics

3 w. ago CalBank Rights Issue Oversubscription Signals Shift in Indigenous Banking Risk Perception

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/calbank-rights-issue-oversubscription-signals-shift-in-indigenous-banking-risk-perception/CalBank’s rejection of 500 million cedis in private placement commitments following a 29.4 percent oversubscribed rights issue reveals investors increasingly view Ghanaian owned lenders as viable recovery plays rather than distressed assets, marking a turning point for indigenous banks seven years after the sector’s devastating collapse. The bank closed its capital raising program on November […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/calbank-rights-issue-oversubscription-signals-shift-in-indigenous-banking-risk-perception/

Politics

4 w. ago BoG Governor cautions banks on elevated credit risks despite stronger sector performance

Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has reassured that deposit money banks in the country remain sound, profitable, and well capitalised, while cautioning that credit risks in the sector continue to be elevated.

Politics

4 w. ago Banking Fraud Losses Hit 99 Million Cedis Amid Ethics Crisis

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/banking-fraud-losses-hit-99-million-cedis-amid-ethics-crisis/Ghana’s banking sector recorded fraud losses totaling 99 million Ghana cedis in 2024, representing a 13 percent increase from the previous year, as staff involvement in fraudulent activities surged by 33 percent, according to the Bank of Ghana (BoG). Second Deputy Governor Matilda Asante-Asiedu disclosed these alarming figures at a customer reporting officer stakeholder engagement […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/banking-fraud-losses-hit-99-million-cedis-amid-ethics-crisis/

Events

4 w. ago Banking Sector Demonstrates Resilience Despite Asset Moderation in October

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/banking-sector-demonstrates-resilience-despite-asset-moderation-in-october/Ghana’s banking sector continues to demonstrate resilience, with non-performing loans declining to 19.5 percent in October 2025 from 22.7 percent in October 2024, marking steady improvement in loan quality despite signs of asset moderation. The improvement represents a reduction of 3.2 percentage points within twelve months, signaling strengthening asset quality across the banking sector. Bank […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/banking-sector-demonstrates-resilience-despite-asset-moderation-in-october/

Politics

4 w. ago Banking Sector Total Assets Decline Marks First Notable Drop After Expansion

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/banking-sector-total-assets-decline-marks-first-notable-drop-after-expansion/Ghana’s banking sector has recorded its first significant asset contraction in months, with total assets falling by 5.3 billion cedis in October 2025, according to banking sector data. The decline brought total assets from 428.6 billion cedis in September to 423.3 billion cedis in October, marking a reversal after sustained expansion throughout most of the […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/banking-sector-total-assets-decline-marks-first-notable-drop-after-expansion/

Politics