Bank of Ghana Governor Johnson Pandit Asiama called for a coordinated, risk-sensitive framework for financing viable companies in administration. In opening remarks at a forum on non-performing loans and post-commencement financing, he said rescue funding must be based on credible viability assessments, transparent governance and clear recovery plans, rather than regulatory forbearance or the concealment of losses. New financing may need to be ring-fenced through controlled accounts, approved uses, measurable milestones, reporting requirements and exit triggers. Statutory priority under Ghana’s corporate insolvency framework does not guarantee repayment or justify automatic favorable classification, and existing impaired exposures must remain properly recognized, classified and provisioned under IFRS 9 and prudential requirements. The governor reiterated that regulated institutions must reduce their non-performing loan ratios to no more than 10% by the end of December 2026. The industry ratio fell to 16.1% in June 2026 from 23.1% a year earlier, while the capital adequacy ratio stood at 20.4%. Forum organizers were asked to submit consolidated recommendations to support ongoing work on the operational framework.
Bank of Ghana2026-08-04
Bank of Ghana calls for predictable post-commencement financing framework and reaffirms 10% NPL ceiling
The Bank of Ghana called for a predictable framework allowing banks to finance viable companies in administration without concealing existing losses or weakening prudential standards. Post-commencement financing must meet viability, monitoring and IFRS 9 requirements. The governor also reiterated that regulated institutions must reduce non-performing loan ratios to no more than 10% by the end of December 2026.