Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has emphasized the need for durability in the country’s financial sector, calling for stronger business models, broader ownership, deeper intermediation, disciplined innovation, and sound governance.
“Stability has been restored. The task now is durability. Durability requires stronger business models, broader ownership, deeper intermediation, disciplined innovation, and sound governance. The Bank of Ghana will continue to engage as a firm, fair, and forward-looking partner, supportive where necessary, but clear in its expectations,” Dr. Asiama said in his opening remarks at the bi-monthly meeting of heads of banks on Wednesday, 18 February 2026.
Touching on the Monetary Policy Committee’s (MPC) January decision, the Governor explained that the Committee held its 128th meeting at a time when both global and domestic environments were improving. “With inflation declining faster than anticipated and expectations well anchored, the Committee judged that monetary conditions remained sufficiently tight relative to prevailing inflation dynamics. Consequently, the MPC, by a majority decision, reduced the Monetary Policy Rate by 250 basis points to 15.50 percent,” he stated.
Dr. Asiama further noted that the central bank last year undertook a thematic review of banks’ business models, examined funding structures, and assessed governance effectiveness. He also highlighted other issues of interest to the banking industry, including cyber security and the potential for banks to raise capital through listings on the Ghana Stock Exchange.
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