The Governor of the Bank of Ghana, Dr Johnson Asiama, has called on Ghanaian banks to move beyond relief and stability, urging them to become resilient engines of the country’s long-term economic transformation.
Speaking after a post-Monetary Policy Committee (MPC) meeting with chief executives and leaders of the banking sector on Wednesday, February 18, 2026, Dr Asiama reflected on Ghana’s recent economic progress while setting out the next phase for the financial system.
“With inflation down to 3.8 per cent, reserves strengthened, and growth rebounding, stability has been restored. Our focus now shifts to durability; stronger bank business models, deeper financial intermediation, disciplined innovation, and sound governance,” he said.
The Governor emphasised that the focus is no longer on short-term relief measures but on structural resilience.
He urged banks to develop systems capable of withstanding economic cycles, responding effectively to risk, and supporting Ghana’s broader development goals.
“We must build a banking system that is resilient across cycles, responsive to risk, and positioned to support Ghana’s long-term transformation,” Dr Asiama added, highlighting the critical role of banks in financing investment, industrialisation, and sustainable growth.
His comments signal a shift in the Bank of Ghana’s approach, from stabilising the sector to driving innovation, strengthening governance, and deepening financial intermediation. The Governor encouraged banks to embrace technology, enhance operational efficiency, and ensure their business models contribute meaningfully to Ghana’s economic ambitions.
The post-MPC meeting brought together the country’s leading bankers to reflect on past achievements and chart a path toward a more robust, innovative, and inclusive financial sector.
