
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
-
‘Big Men’ are taking over protected lands – Urban Planner blames political influence
39 minutes -
Top Boy actor Micheal Ward raped woman in car, court told
1 hour -
Michael Jackson movie becomes highest-grossing biopic of all time
1 hour -
Nollywood actor, Hanks Anuku breaks silence after viral Abuja video
1 hour -
I quit acting because pay was nonsense – Deyemi Okanlawon
1 hour -
Lethal Weapon actor Danny Glover reveals Alzheimer’s diagnosis
2 hours -
US, Iran talks conclude in Doha, focused on Strait of Hormuz
2 hours -
German prosecutors arrest man accused of ordering killings during Rwanda genocide
2 hours -
World Bank backs Nigeria 2026–2032 plan with $1.25 billion to spur jobs, private investment
2 hours -
South African manufacturing sentiment worsens in June, Absa PMI shows
2 hours -
Oil falls for a third straight day after US, Iran talks conclude in Doha
2 hours -
World Bank approves Morocco clean energy project after ending climate lending target
3 hours -
Balogun scores and is sent off as US reach last 16
3 hours -
Government begins process to bring home Ghanaian killed in South Africa
3 hours -
We expect urgent action – Ghana presses AU over xenophobic attacks after citizen killed in South Africa
3 hours