The Bank of Ghana (BoG) has rolled out new set of regulatory measures targeted at interest charges on digital platforms, pricing on forex (fx) transactions, Non-Performing Loans and recapitalization of commercial banks in the country.
Some of the new directives will take off from July and August 2025, while another set of the regulations will take effect from 2026, especially, in capping Non-Performing Loans of financial institutions at 10 percent.
Governor of the Bank of Ghana Dr. Johnson Asiama announced this at a post Monetary Policy Committee meeting with Managing Directors and Chief Executive Officers of commercial banks at the Headquarters of the Bank of Ghana.
SOURCE: My Joy Online