Ghana’s banking sector remains profitable – Governor Addison

Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, reaffirmed the strength of Ghana’s banking sector during the 122nd Monetary Policy Committee (MPC) press conference held in Accra on Monday, January 27.

"The banking sector continues to be profitable and well-capitalized," Dr. Addison emphasized, signaling a robust financial system capable of supporting economic growth.

He also highlighted increased investor confidence in Ghana’s economy, attributing this to improved global economic conditions in 2024, which have led to easing monetary policy stances worldwide.

Dr. Addison’s remarks underscore a positive outlook for the nation’s financial landscape amid ongoing efforts to strengthen economic stability.