‘We’re Building A Resilient Financial System’ – BoG Touts Tough Reforms

Elsie Awadzie 

Months after sweeping reforms and crackdowns on the troubled banking sector, the Bank of Ghana (BoG) is confident that indicators will soon point to stronger banks.

Speaking at the Joy Business Financial Services Forum on the theme ‘The Changing Tide of Ghana’s Financial Services Sector: The Cause, the Cost, and the Clean-up’, Deputy Governor of the BoG, Elsie Awadzie, revealed Thursday that the regulator is still monitoring the sector to ensure that banks meet the minimum capitalisation requirement by the end of the year.

“One had to take very diff