BoG encourages banks to list on GSE to unlock long-term capital

The Bank of Ghana (BoG) is urging commercial banks to list on the Ghana Stock Exchange (GSE) to deepen the capital market and provide businesses with access to long-term financing. Speaking at the 2026 edition of the CEOs Connect, the Governor of the Bank of Ghana, Dr. Johnson Asiama, stressed that more banks on the stock exchange would offer additional sources of long-term capital to support longer-term lending to businesses.

According to Dr. Asiama, increasing the number of listed banks could help strengthen Ghana's financial architecture and reduce reliance on short-term financing. He noted that with more banks on the GSE, they could offer loans with longer repayment periods, enabling businesses to establish and expand their operations over a longer period, such as five or even ten years.

This longer-term financing would allow businesses to take the time to set up factories and implement their strategies before the full repayment of loans becomes due.

The Governor emphasized that a stronger presence of banks in the capital market could enhance their access to long-term funding, boost transparency and governance, and contribute to a deeper financial system. He highlighted the Bank of Ghana's ongoing efforts to deepen Ghana's capital markets and mobilize long-term capital to support productive investment and private-sector growth.

The central bank plans to continue collaborating with the Securities and Exchange Commission and the Ghana Stock Exchange to strengthen the nation's financial infrastructure.