The Governor of the Bank of Ghana, Dr Johnson Asiama, has announced that the central bank will soon release new exposure drafts on key regulatory areas as part of efforts to strengthen Ghana’s financial sector oversight.

Speaking at a post-MPC engagement with Bank CEOs on Tuesday, October 7, 2025, Dr Asiama said the upcoming drafts will cover Liquidity Risk Management, Interest Rate Risk in the Banking Book, Stress Testing, and Recovery Planning.

“These initiatives form part of a broader framework to align Ghana’s banking supervision with international best practice,” he stated.

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According to the Governor, the move is intended to enhance the resilience of the banking sector, ensure better preparedness against potential shocks, and promote stability within the financial system.

The exposure drafts, once issued, will be circulated for industry consultation before their final adoption into the supervisory regime.

Dr Asiama also commended the banking sector for demonstrating strong performance and resilience amid challenging economic conditions.

He highlighted that the Capital Adequacy Ratio has risen to 17.7 percent, while Non-Performing Loans (NPLs) have improved to 20.8 percent. The BoG governor however noted that NPLs remain elevated and require “sustained vigilance” from banks.

“In this regard, the Bank of Ghana has introduced a number of new directives to strengthen prudential oversight and risk management,” Dr Asiama said.

He further cited the Bancassurance Directive, the Large Exposures Directive, and the Guidelines on Credit Concentration Risk Management as key initiatives aimed at safeguarding financial stability.

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The central bank governor also announced an extension of the transition period for the Outsourcing Directive to end-December 2025, following consultations with the Ghana Association of Banks.

“I want to emphasise that this will be the final extension, and banks must ensure full compliance thereafter,” he added.

According to Dr Asiama, these directives are part of the Bank of Ghana’s ongoing effort to align the country’s banking supervision with international best practices while enhancing risk management across the sector.



MA