Strengthen risk management frameworks – BoG Governor tells banks

Spread the love

The Governor of the Bank of Ghana, Johnson Pandit Asiama, has called on banks to strengthen their risk management frameworks.

He also asked them to adopt sustainable business models, and enhance institutional resilience to safeguard the gains made in Ghana’s banking sector.

Speaking at the 43rd Annual General Meeting of the Ghana Association of Banks (GAB) and the launch of the 6th edition of the Ghana Bankers’ Voice Magazine in Accra on 8 October 2026, Dr Asiama noted that the sector has made significant progress in recent years, citing stronger capital positions, improved financial stability, and a decline in non-performing loans.

He urged banks to build on these achievements by focusing on sound governance, prudent risk management, and innovation.

“Our ambition should be to build a banking sector that is strong enough to absorb shocks, innovative enough to adapt to change, and capable of financing Ghana’s long-term economic transformation,” he said.

The Governor reaffirmed the Bank of Ghana’s commitment to working closely with the banking industry and other stakeholders to foster a sound, resilient, innovative, and sustainable financial sector that supports economic growth and development.

  • Related Posts

    Citi FM/Channel One TV, Ghana Eximbank explore Agrifair partnership

    Spread the love

    Spread the love Management of Citi FM/Channel One TV, led by Managing Director Samuel Attah-Mensah, has paid a courtesy visit to Ghana Eximbank to explore areas of collaboration ahead of…

    Finance Minister Dr. Cassiel Ato Forson leads Ghana’s delegation to IMF and World Bank meetings in Bangkok

    Spread the love

    Spread the loveFinance Minister Dr. Cassiel Ato Forson is leading Ghana’s delegation to the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group in Bangkok,…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Citi FM/Channel One TV, Ghana Eximbank explore Agrifair partnership

    Citi FM/Channel One TV, Ghana Eximbank explore Agrifair partnership

    President Mahama reaffirms government’s commitment to equitable development across the country

    President Mahama reaffirms government’s commitment to equitable development across the country

    IMF warns AI could disrupt 40% of jobs worldwide

    IMF warns AI could disrupt 40% of jobs worldwide

    No preferential treatment for me, my party or gov’t – Mahama to EC deputies

    No preferential treatment for me, my party or gov’t – Mahama to EC deputies

    Manchester City thrash 10-man Liverpool 3-0 at Anfield

    Manchester City thrash 10-man Liverpool 3-0 at Anfield

    Kumasi: Fire guts stalls, goods at Tafo Moro market

    Kumasi: Fire guts stalls, goods at Tafo Moro market