Audio By Carbonatix
The Ghana Association of Banks (GAB) is calling on all banks and players within the banking industry to collaborate to build a robust and responsible Artificial Intelligence framework.
According to GAB, it recognises the importance of collaboration across the ecosystem, adding, partnerships with regulators, Financial technology firms and academic institutions are essential to achieving that.
Commenting on the PwC 2025 Ghana Banking Survey, the association’s Chief Executive Officer, John Awuah, said it is actively engaging with key stakeholders, including the Bank of Ghana and the Data Protection Commission, to shape a supportive policy environment.
Additionally, GAB is open to co-developing training and awareness programmes to accelerate AI readiness across the sector.
The 28th PwC Annual Global CEO Survey findings revealed that 68% of Ghanaian CEOs reported some level of GenAI adoption within their organisations over the past year.
In banking, this adoption is already reshaping both front-office and back-office operations. GenAI-powered tools are enhancing customer service through fast, tailored responses, while internal productivity solutions are helping staff automate repetitive tasks and focus on higher-value activities.
The financial impact of GenAI is also notable. Nearly half (47%) of Ghanaian CEOs indicated in the CEO survey that GenAI adoption has contributed to revenue growth, while 43% reported improved profitability.
John Awuah said these figures exceed the continental average and underscore Ghana’s leadership in AI-driven transformation, adding, “Beyond automation, banks are now exploring how GenAI can reengineer core business processes, reduce costs in support functions such as operations and compliance, and unlock new levels of efficiency. This marks a shift from traditional automation to intelligent transformation”.
Looking ahead, Mr. Awuah stated that the association remains committed to supporting a future-ready banking industry, one that views digital transformation not as a passing trend, but as a strategic enabler of inclusive growth and financial resilience.
“We commend PwC Ghana for once again providing a platform for meaningful industry dialogue and for spotlighting the technologies that will define the next chapter of banking in Ghana”, he added.
Latest Stories
-
Miss Health Organisation unveils new Miss Health Africa and Ghana queens
38 minutes -
Andy Dosty set to headline inaugural Ghana Independence Day celebrations in Europe
39 minutes -
GoldBod rejects IMF claims of $214m losses under gold-for-reserves programme
51 minutes -
Some MMDCEs reject uniform 24-Hour Economy Market model, seek flexible options
55 minutes -
Government to reform cultural, creative sector policies
58 minutes -
Illegal farming ravages Chai River forest reserve
1 hour -
Christmas should inspire unity and national renewal – Prof Opoku-Agyemang
1 hour -
Ashanti Region: NADMO prioritises preventive measures to reduce road carnage
1 hour -
Mahama pledges reset, growth and jobs for all Ghanaians in Christmas message
1 hour -
13 inmates at Nsawam Prison granted bail under the Justice For All Programme
1 hour -
We invited a man into our home at Christmas and he stayed with us for 45 years
2 hours -
From uncertainty to clarity: Ghana draws the line on digital assets
2 hours -
23% of Ghanaians battling Insufficient Food Consumption – AGRA Report
2 hours -
Average price of food commodities drops by 32% over last one year – AGRA Food Security Monitor Report
2 hours -
Stampede claims life at Asake concert in Kenya
2 hours
