All 23 banks now fully capitalised – BoG Governor
The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has disclosed that all 23 banks operating in the country are now fully capitalised, signalling further strengthening of the banking sector. According to him, the banking sector has become more robust and resilient, with banks recording sound capital and liquidity positions. Speaking at the […]
Dr Johnson Asiama, the Governor of the Bank of Ghana, has announced that all 23 banks operating in the country are now fully capitalised. This development signifies a strengthening of the banking sector, with the banks recording solid capital and liquidity positions. During the 2026 CEOs Connect event organized by the Canada-Ghana Chamber of Commerce, Dr Asiama highlighted the improvement in asset quality as a contributing factor to stronger bank balance sheets.
He emphasized that the banking sector is robust and resilient, with all banks now well-capitalised, ensuring sound capital and liquidity positions. Dr Asiama stressed that this progress is part of Ghana's broader effort to restore macroeconomic stability over the past two years. He urged banks to deepen their participation in Ghana's capital market to improve access to long-term funding, strengthen transparency and governance, and contribute to a more robust financial system.
Furthermore, the Governor encouraged the diversification of financing sources to support businesses, especially those aiming for international expansion.
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