The Bank of Ghana has inaugurated Steering and Technical Committees for its Bank Listing Project, tasking them with developing a practical framework to support orderly bank listings and deepen transparency and market discipline in the banking sector. The central bank framed the initiative as a response to improving macroeconomic conditions and rapidly growing domestic long-term capital, noting that pension fund assets now exceed GHS 100 billion. It highlighted that pension funds already hold between 15 and 35 percent of equity in some listed banks, and argued that a credible listing framework should be flexible and sequenced to reflect varied ownership structures, including already listed banks, banks owned by foreign parent groups, and state-linked banks, while maintaining high prudential and governance standards. Over the coming months, the committees are expected to produce a credible, Ghana-specific framework that strengthens governance, mobilises long-term capital, and preserves confidence in the financial system, with secretariat support and ongoing management engagement.
Bank of Ghana 2026-02-10
Bank of Ghana inaugurates steering and technical committees to deliver a framework for orderly bank listings
The Bank of Ghana has launched Steering and Technical Committees for its Bank Listing Project to develop a framework for orderly bank listings, enhancing transparency and market discipline. This initiative responds to improved macroeconomic conditions and significant growth in domestic long-term capital, with pension fund assets over GHS 100 billion. The framework aims to accommodate varied ownership structures while maintaining high prudential and governance standards.