We must find ways to reduce high NPL ratios across banks – Dr Asiamah

Bank of Ghana Governor, Dr. Johnson Asiamah, has called for urgent measures to reduce high non-performing loans (NPLs), warning they threaten financial stability.

Speaking at the National Economic Dialogue 2025, he revealed alarming NPL ratios in some local banks, with one reaching 81%. He attributed the crisis partly to the Domestic Debt Exchange Programme, which has hampered loan recoveries.

High NPLs, he stressed, contribute to soaring lending rates, limiting business access to credit. The Bank of Ghana is engaging with local banks and industry stakeholders to address the issue, aiming to stabilize the financial sector and lower lending rates.

Dr. Asiamah assured the public of decisive actions to tackle the challenge.