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

The Bank of Ghana (BoG) is urging commercial banks to list their shares on the Ghana Stock Exchange (GSE) to expand the capital market and make it easier for businesses to secure long-term financing. BoG Governor Dr. Johnson Asiama highlighted that a more prominent presence of banks on the stock exchange would provide them with additional sources of long-term capital, enabling them to offer loans with longer repayment periods.

This, in turn, would support businesses in establishing and expanding their operations over a more extended period, potentially for five or ten years. The Governor emphasized that increased access to long-term funds could help strengthen Ghana's financial architecture, reduce reliance on short-term financing, and contribute to a deeper financial system.

He also stressed that a stronger bank presence in the capital market could enhance transparency, governance, and access to long-term funding. The BoG's call to action aligns with its efforts to deepen Ghana's capital markets and mobilize long-term financing to support productive investments and private-sector growth. The central bank remains committed to collaborating with the Securities and Exchange Commission and the Ghana Stock Exchange to bolster the country's financial infrastructure.