Bank of Ghana Plans to Cap Non-Performing Loan Ratio at 10% by December 2026

Bank of Ghana Plans to Cap Non-Performing Loan Ratio at 10% by December 2026

Ghana’s central bank is planning to introduce a cap on non-performing loans for the banking industry to restore asset quality after the West African nation’s debt restructuring and period of high inflation eroded individuals and companies’ ability to repay their loans.

CIB Ghana champions ethical banking with inaugural national challenge - Academic City clinches top spot

The Chartered Institute of Bankers (CIB) Ghana has held the maiden edition of the National Banking and Ethics Challenge (NBEC), a pioneering competition aimed at promoting ethical banking prac­tices among tertiary students. The event, held on Thursday at the Institute’s auditorium in Accra, featured five universities vying for top honours in a quiz-style contest centered on ethics, financial literacy, and professional conduct. Dr Botchway speak…

Board of foreign owned banks must not be rubber stamp to offshore decisions - Governor - Ghana Business News

Dr Johnson Asiama – Governor of Bank of Ghana. Dr. Johnson Asiama, Governor of the Bank of Ghana, has urged Ghana-based boards of foreign banks not to serve as rubber stamps for instructions issued from offshore. The Governor expressed growing concern over the outsourcing of major credit and risk decisions to offshore locations, which are not subject to Ghana’s regulatory oversight. He raised this concern during a meeting with Chief Executive Of…

BoG Governor targets single-digit lending rate in four years

Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has set an ambitious target to lower lending rates to 10% or less within the next four years. This he says is to stimulate private sector investment and accelerate economic growth. Currently, lending rates in Ghana average around 27.4%, making access to affordable credit a […] The post BoG Governor targets single-digit lending rate in four years appeared first on Ghanamma.com.

BoG unveils sweeping regulatory measures

By Joshua Worlasi AMLANU & Ebenezer Chike Adjei NJOKU The Bank of Ghana has unveiled a series of sweeping regulatory measures aimed at restoring local decision-making authority in foreign-owned banks, addressing rising concerns over asset quality, and tightening consumer protection in the digital financial services space. Speaking at a post-Monetary Policy Committee (MPC) meeting with bank chief executives in Accra on Tuesday, Governor Dr. Johns…

Banking Ethics Challenge Launches for Ghanaian University Students

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/banking-ethics-challenge-launches-for-ghanaian-university-students/The Chartered Institute of Bankers (CIB) Ghana hosted its inaugural National Banking and Ethics Challenge on May 29, 2025, featuring teams from Academic City University College, University of Ghana, Pentecost University, University of Professional Studies Accra (UPSA), and Wisconsin Intern…