By Ghana News
Copyright ghanamma
The Governor of the Bank of Ghana, Dr Johnson Asiama, has noted that the banking sector is currently showing signs of stability with improved indicators.
He assured stakeholders of continued resilience in Ghana’s financial sector, highlighting improvements in capital buffers and fiscal performance.
Speaking at the opening of the central bank’s Monetary Policy Committee (MPC) meeting on September 15, 2025, Dr Asiama said the banking sector “remains stable and improving,” with the capital adequacy ratio excluding regulatory reliefs rising to 19.5% in July 2025.
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While acknowledging that non-performing loans (NPLs) remain elevated at 21.7%, he stressed that when fully provisioned losses are excluded, the figure drops significantly to 8.4%, a reflection of “ongoing resilience as recapitalisation and strict underwriting continue”.
On the fiscal front, Dr Asiama revealed that Ghana’s first-half performance in 2025 signalled a path of consolidation.
The budget deficit on a commitment basis was contained at 0.7% of GDP, falling below the target.
He noted that this fiscal discipline, combined with the relative strength of the cedi and progress made in external debt restructuring, contributed to a decline in the public debt ratio by mid-year.
The BoG Governor reaffirmed the central bank’s commitment to anchoring stability, safeguarding investor confidence, and ensuring a predictable macroeconomic environment as the country navigates ongoing economic reforms.
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