Skip to content

Licence or Product Purchase Required

You have reached the limit of premium articles you can view for free. 

Already have an account? Login here


Get expert, on-the-ground insights into the latest business and economic trends in more than 30 high-growth global markets. Produced by a dedicated team of in-country analysts, our research provides the in-depth business intelligence you need to evaluate, enter and excel in these exciting markets.

View licence options

Suitable for

  • Executives and entrepreneurs
  • Bankers and hedge fund managers
  • Journalists and communications professionals
  • Consultants and advisors of all kinds
  • Academics and students
  • Government and policy-research delegations
  • Diplomats and expatriates

This article also features in Africa Ghana Financial Services Search Page. Read more about this report and view purchase options in our online store.

Oxford Business Group
  • 0
  • Register
  • |
  • Login
  • Login
  • Register
  • 0
  • Explore Research
    • Africa
      • Algeria
      • Botswana
      • Cote d’Ivoire
      • Djibouti
      • Egypt
      • Gabon
      • Ghana
      • Kenya
      • Libya
      • Mauritania
      • Morocco
      • Nigeria
      • South Africa
      • Tanzania
      • Tunisia
    • Asia
      • Brunei Darussalam
      • Indonesia
      • Malaysia
      • Myanmar
      • Papua New Guinea
      • Philippines
      • Sri Lanka
      • Thailand
    • The Americas
      • Argentina
      • Colombia
      • Guyana
      • Mexico
      • Peru
      • Trinidad & Tobago
    • The Middle East
      • Bahrain
      • Jordan
      • Kuwait
      • Oman
      • Qatar
      • Saudi Arabia
      • UAE: Abu Dhabi
      • UAE: Dubai
      • UAE: Sharjah
    • Sectors
      • Agriculture
      • Construction
      • Education
      • Energy
      • Financial Services
      • Health
      • ICT
      • Industry
      • Legal Framework
      • Real Estate
      • Retail
      • Tax
      • Tourism
      • Transport
  • OBG Nearshoring
  • Our Services
    • Research Products & Services
      • Reports
      • Articles & Interviews
      • CEO Surveys
      • Events & Roundtables
    • Consulting & Advisory Services
      • ESG Intelligence
      • Thought Leadership
      • Global Platform Video
      • Video Solutions
      • Supply Chain Consulting
      • International Development Consulting
  • Licence Options
  • Webstore
  • Emerging Markets Guide
  • Contact Us
    • Careers At OBG
    • Academic Programme
    • Media
  • Explore Research
    • Africa
      • Algeria
      • Botswana
      • Cote d’Ivoire
      • Djibouti
      • Egypt
      • Gabon
      • Ghana
      • Kenya
      • Libya
      • Mauritania
      • Morocco
      • Nigeria
      • South Africa
      • Tanzania
      • Tunisia
    • Asia
      • Brunei Darussalam
      • Indonesia
      • Malaysia
      • Myanmar
      • Papua New Guinea
      • Philippines
      • Sri Lanka
      • Thailand
    • The Americas
      • Argentina
      • Colombia
      • Guyana
      • Mexico
      • Peru
      • Trinidad & Tobago
    • The Middle East
      • Bahrain
      • Jordan
      • Kuwait
      • Oman
      • Qatar
      • Saudi Arabia
      • UAE: Abu Dhabi
      • UAE: Dubai
      • UAE: Sharjah
    • Sectors
      • Agriculture
      • Construction
      • Education
      • Energy
      • Financial Services
      • Health
      • ICT
      • Industry
      • Legal Framework
      • Real Estate
      • Retail
      • Tax
      • Tourism
      • Transport
  • OBG Nearshoring
  • Our Services
    • Research Products & Services
      • Reports
      • Articles & Interviews
      • CEO Surveys
      • Events & Roundtables
    • Consulting & Advisory Services
      • ESG Intelligence
      • Thought Leadership
      • Global Platform Video
      • Video Solutions
      • Supply Chain Consulting
      • International Development Consulting
  • Licence Options
  • Webstore
  • Emerging Markets Guide
  • Contact Us
    • Careers At OBG
    • Academic Programme
    • Media

Ghana Financial Services Sector Research Highlights

Ghana Financial Services Sector Research Highlights
Analysis

Financial technology players expanding in emerging markets
OBG
plus

Financial technology (fintech) firms are gaining market share that was formerly the preserve of established remittance service providers. Remittances have grown in importance in recent decades and now constitute the largest source of foreign income for many developing economies. They also tend to be countercyclical, increasing during economic downturns or natural disasters when other capital flows…

Analysis

Emerging markets align with international accounting standards
OBG
plus

Insurance companies worldwide have been preparing for the most significant change in global accounting standards in almost two decades. On January 1, 2023 the International Financial Reporting Standard (IFRS) 17 came into effect. Replacing the previous standard, IFRS 4, which was issued in 2004, IFRS 17 aims to standardise insurance accounting globally through a uniform approach in order to improve…

Interview

Abena Amoah, Managing Director, Ghana Stock Exchange: Interview
OBG
plus

Interview:Abena Amoah How is public policy positioning Ghana’s capital markets as an attractive investment destination? ABENA AMOAH: Ghana’s stable political environment and continued economic growth over the years have created a favourable environment for investment. Efforts to attract more listings and increase market liquidity provide opportunities for both local and international investors…

Interview

Shaibu Ali, Managing Director, KEK Insurance Brokers: Interview
OBG
plus

Interview:Shaibu Ali Where do you identify major factors underpinning growth in the insurance sector? SHAIBU ALI: Ghana’s insurance industry has seen satisfactory growth in recent years, with gross premium increasing more than 10-fold between 2010 and 2022. The insurance market is expected to continue evolving, with a high prospect of further expansion due to the untapped markets of various…

Interview

Chris Ofikulu, Regional CEO, UBA West Africa; and Managing Director, UBA Ghana: Interview
OBG
plus

Interview:Chris Ofikulu How can financial institutions leverage the entry of financial technology (fintech) firms and telecommunications companies in the banking sector? CHRIS OFIKULU: Fintechs have emerged as invaluable partners in the digitalisation of the sector. Their rapid entry into the financial ecosystem has ushered in a wave of opportunities, including leveraging big data. Telecommunications…

Interview

Daniel Ogbarmey Tetteh, Director-General, Securities and Exchange Commission (SEC): Interview
OBG
plus

Interview:Daniel Ogbarmey Tetteh Which strategies have strengthened the attractiveness of Ghana’s capital markets? DANIEL OGBARMEYTETTEH: Coordination between stakeholders is key to making Ghana an attractive destination for both domestic and international investors. This includes consolidating regulatory frameworks, diversifying investment options, improving investor education, building…

Analysis

Global insurance industry responding to environmental risks
OBG
plus

With the launch of a new joint initiative to support those countries that are most vulnerable to the effects of climate change, the global insurance industry is evolving in ways that could carry important implications for business in emerging markets. One such initiative, the Global Shield against Climate Risks (GSCR) was announced by the ministers of finance of the so-called Vulnerable Twenty Group…

Analysis

Ghana reducing arrears amid government initiatives
OBG
plus

In December 2022 the Ghanaian government implemented the Domestic Debt Exchange Programme (DDEP), a voluntary initiative under which eligible bondholders swapped bonds for new securities with differing rates and maturities. Later that month Ghana struck a deal with the IMF for a three-year, $3bn loan to help alleviate the country’s debt. Upon closing in February 2023, 85% of a total GHS97.7bn ($8.9bn)…

Analysis

How Ghana is diversifying investment products and mobilising liquidity
OBG
plus

Improving the diversification of investment products and the liquidity of the securities market has been a government priority in recent years. One key initiative is the Capital Market Master Plan (CMMP) being implemented by the Securities and Exchange Commission (SEC). The CMMP is divided into three phases – 2020-22, 2023-25 and 2026-29 – and has set a 2024 target of increasing the amount raised…

Analysis

Authorities working to enhance insurance awareness in Ghana
OBG
plus

While the authorities have prioritised enhancing insurance penetration in Ghana, uptake remains stubbornly low. Indeed, insurance penetration measured as gross premium as a share of GDP hovered around 1% between 2016 and 2022, according to the National Insurance Commission (NIC). By ways of regional comparison, in 2021 South Africa had the highest penetration rate on the continent, at 17%, followed…

View More
Featured Sectors in Ghana
  • Africa Agriculture
  • Africa Energy
  • Africa ICT
  • Africa Industry
  • Africa Transport
Featured Countries in Financial Services
  • Egypt Financial Services
  • Gabon Financial Services
  • Ghana Financial Services
  • Myanmar Financial Services
  • Papua New Guinea Financial Services
  • Philippines Financial Services
Featured Reports in Ghana
  • The Report: Ghana 2024
  • The Report: Ghana 2022
  • The Report: Ghana 2020
  • The Report: Ghana 2019
  • The Report: Ghana 2018

    Contact Us












    Quick Links

    • Our Services
    • Contact OBG
    • Cookies Policy
    • Media
    • Frequently Asked Questions
    • Privacy Policy
    • Terms & Conditions
    • ESG Reports
    Youtube LinkedIn Ingtagram Facebook Twitter
    © OXFORD BUSINESS GROUP 2025
    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
    Cookie SettingsAccept All
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
    CookieDurationDescription
    cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
    cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
    cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
    cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
    cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
    viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
    Functional
    Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
    Performance
    Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
    Analytics
    Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
    Advertisement
    Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
    Others
    Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
    SAVE & ACCEPT
    Powered by CookieYes Logo