Bank of Ghana reports all 23 banks meet capital requirements and shifts focus to resilience reforms

In remarks to the Ghana Association of Banks, Bank of Ghana Governor Dr Johnson Pandit Asiama reported that all 23 banks now meet regulatory capital requirements, after 13 breached them following losses linked to the Domestic Debt Exchange Programme. He said supervision will now focus on ensuring capital reflects each bank’s risk profile and on strengthening business models, governance and risk management. At the end of August 2026, the sector’s capital adequacy ratio stood at 19.10%, above the 13% minimum, while the nonperforming loan ratio had fallen to 15.66% from 20.77% a year earlier. Asset quality remains a key vulnerability, and banks must reduce nonperforming loan ratios to the 10% prudential limit by the end of December 2026. Asiama reiterated that the Bank of Ghana is preparing directives on credit risk management and the Liquidity Coverage Ratio, and is developing rules for artificial intelligence governance across the AI lifecycle. The central bank also plans a second business model analysis in 2027 and thematic reviews of banks’ implementation of its revised Cyber and Information Security Directive.