Dr. Asiama is BoG Governor
Audio By Carbonatix
Banks operating in Ghana remain sound, profitable and well capitalised.
According to the Bank of Ghana, the financial soundness indicators, including solvency, profitability, asset quality, and efficiency indicators all point to relative improvement in year-on-year terms.
The Non-Performing Loan (NPL) ratio declined to 19.5% in October 2025, from 22.7% in October 2024.
This was driven by a pickup in bank credit and a contraction in the stock of NPLs.
However, credit risks remain elevated.
Looking ahead, the Central Bank said the policy actions to recapitalise the few undercapitalised banks and full implementation of the new regulatory guidelines aimed at reducing NPLs would further strengthen the banking industry.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Huge anti-government protests in Tehran and other Iranian cities, videos show
3 hours -
Write For World initiates project to mitigate climate change, curb unemployment
4 hours -
Sod cut for Community Library and Museum in Dzelukofe
4 hours -
Algeria apologises after player mocks Congolese superfan dressed as pan-African hero
5 hours -
Trump withdraws US from key climate treaty and dozens of other groups
5 hours -
Minnesota officials say FBI blocked their access to ICE shooting probe
5 hours -
Two wounded in shooting involving federal agents in Portland
6 hours -
Legal Green Association reviews first year of Mahama administration, cites economic relief and governance reforms
6 hours -
Technical Students’ Union kicks against Scholarship Authority Board over absence of student representation
6 hours -
Tanyigbe royal houses challenge the legitimacy of Togbega Kodi Adiko VI
6 hours -
Gender Ministry warns public against fake GH¢1,350 ‘National Family Support Allowance’ scam
6 hours -
Vice President opens 93rd Jalsa Salana in Gomoa, reaffirms gov’t commitment to inclusive development
7 hours -
Five remanded after pleading guilty in assault of Kade SHTS tutor
7 hours -
Police arrest two more suspects in Adabraka Gold shop heist
8 hours -
Arise Ghana to picket at American Embassy demanding repatriation of Ken Ofori-Atta
8 hours