Audio By Carbonatix
The Bank of Ghana (BoG) has issued a list of licensed banks in Ghana as of January 2019.
The list includes 23 commercial banks and four representative banks that are based outside the country.
The BoG in accordance with Section 28 (1) of the Banks and Specialised Deposit-Taking Institutions Act, 2016 (Act 930), revised upward the minimum paid-up capital for existing banks and new entrants from GH¢120 million to a new level of GH¢400 million from the effective date of 11th September 2017.
The aim of the recapitalization according to the BoG was to “further develop, strengthen and modernise the financial sector to support the Government’s economic vision and transformational agenda”.
Click here to see the full list of licensed banks in Ghana
Latest Stories
-
Wontumi apologises to Mahama, seeks Presidential clemency
1 minute -
Gov’t plans new teacher university to transform education training
8 minutes -
Constitution has a genuine ambiguity – Ken Kuranchie opens fresh debate on Mahama’s third term eligibility
10 minutes -
Upper East Regional Hospital celebrates renal patient recovery
13 minutes -
US donates $4m military equipment to Ghana Armed Forces
18 minutes -
Civil servants urged to prioritise discipline, improve service delivery
23 minutes -
Banking sector records strong growth in first half of 2026
28 minutes -
NDPC hosts workshop to develop Ghana’s Human Capital Strategy
33 minutes -
CSIR urges climate-smart farming to reduce flood losses
37 minutes -
Life Care Technology donates GH¢5m medical equipment to Ghana Medical Trust Fund
40 minutes -
Mahama beyond 2028? – Ken Kuranchie says Supreme Court must settle constitutional ambiguity
46 minutes -
GRASAG seeks partnership with Gender Ministry to promote inclusion and support graduate students
51 minutes -
Government probes reported recruitment of Ghanaians into Russia-Ukraine war
56 minutes -
Bagbin launches National Integrity Awards to honour honesty
1 hour -
NCCE engages stakeholders on adolescent health, gender equality
1 hour