Banking

Ghana 2019 Banking

Ghana’s banking industry has undergone a challenging period in recent years, weathering an economic downturn and a rising tide of non-performing loans. While delinquent debts have undermined sector stability and remain a key challenge, the country’s lenders continue to grow their assets and remain profitable. With a wholesale regulatory reform of the sector well under way, the prospects of continued expansion by a strengthened and revitalised sector are good. Moreover, stronger economic growth and increased stability among lenders is expected to boost sector performance in 2019. Most ratings agencies anticipate a return to loan growth and rising fee incomes as confidence returns to the industry after its recapitalisation. This chapter contains interviews with Ernest Addison, Governor, Bank of Ghana; and Daniel Addo, CEO, Consolidated Bank Ghana.

Cover of The Report: Ghana 2019

The Report

This chapter is from the Ghana 2019 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Ernest Addison, Governor, Bank of Ghana
Ernest Addison, Governor, Bank of Ghana : Interview