BoG rolls out new regulatory measures targeted at interest charges, pricing, and recapitalisation of banks

The Bank of Ghana (BoG) has introduced new regulatory measures. These measures focus on interest charges, forex transaction pricing, and Non-Performing Loans. They also address the recapitalization of commercial banks.

Some regulations will start in July and August 2025. Others will take effect in 2026. This includes capping Non-Performing Loans at 10 percent for financial institutions.

Dr. Johnson Asiama, the Governor of BoG, announced these changes. He spoke after a Monetary Policy Committee meeting with bank leaders. The meeting took place at the Bank of Ghana headquarters.

Under the new rules, commercial banks must disclose “blacklisted” borrowers in their Annual Accounts. Dr. Asiama believes this regulation will reduce high Non-Performing Loans in the industry. It aims to ensure that only creditworthy individuals or institutions can access loans from banks.