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Business News of Tuesday, 3 June 2025

    

Source: www.ghanawebbers.com

BoG rolls out new set of 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 directives will start in July and August 2025. Other regulations will take effect in 2026. This includes capping Non-Performing Loans at 10 percent for financial institutions.

Dr. Johnson Asiama, the Governor of the Bank of Ghana, announced these changes. He spoke after a Monetary Policy Committee meeting. The meeting included Managing Directors and Chief Executive Officers of commercial banks.