All 23 banks now fully capitalised – BoG Governor

Dr Johnson Asiama, Governor of the Bank of Ghana, has announced that all 23 banks operating within the country have now reached a fully capitalized status. This development highlights the continued strengthening of Ghana's banking sector, as banks demonstrate sound capital and liquidity positions. Speaking at the 2026 CEOs Connect event organized by the Canada-Ghana Chamber of Commerce, Asiama emphasized the improved asset quality contributing to stronger bank balance sheets.

This progress is part of Ghana's broader efforts to restore macroeconomic stability over the past two years. Asiama stressed that this stability should now be translated into increased productive investment, bolstered private sector growth, higher exports, and improved employment opportunities. He also urged banks to deepen their involvement in Ghana's capital market to enhance access to long-term funding, improve transparency, and strengthen governance.

Asiama suggested that a broader presence of banks in the capital market could foster greater financial system depth. Additionally, the Governor encouraged a diverse range of financing sources, including long-term debt, equity, trade finance, syndicated lending, private equity, leasing, export finance, development finance, and green and sustainability-linked financing. These options aim to support businesses, particularly those aiming for international expansion.