The Governor of the Bank of Ghana, Dr Johnson Asiama has disclosed the government’s support in recapitalizing the central bank following the balance sheet strain recorded during the era of the Domestic Debt Exchange Programme (DDRP).
Speaking at the 128th Monetary Policy Committee (MOC) press briefing on Jnauary 28, 2026, Dr Asiama said discussions on the bank’s recapitalisation has been fruitful, adding that the recapitalisation is crucial to the central bank’s development and strategic positioning.
“I believe in the commitment of government to recapitalise the Central Bank following the hit it took to protect the economy amid the domestic debt restructuring programme. So far, discussions with government have been fruitful, and there is support to help repair the Bank’s balance sheet”, he said.
He added that restoring BoG’s capital position will help stabilize mrket conditions and seal all loopholes within Ghana’s financial landscape.
“It is only fair that the wounds suffered as a result are addressed. The recapitalisation process will safeguard the Central Bank’s ability to operate independently and maintain confidence in monetary policy,” he added.
The government in 2025 recapitalised some commercial banks, according to Dr Asiama these banks have reported strong financial records signaling an improved financial environment for banks to operate in the country.
He said as at the end of 2025, 21 out of 23 licensed banks met the required capital adequacy thresholds with two banks granted a deadline of end-March 2026 to fully comply.
“We have two more banks that are yet to meet the requirement, but they have been given until the end of March 2026. Overall, we have made significant progress on the recapitalisation strategy, and we are monitoring closely to ensure full compliance,” he stressed
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The Governor of the Bank of Ghana, Dr. Johnson Asiama, has disclosed the government’s support for recapitalizing the central bank following the balance sheet strain recorded during the Domestic Debt Exchange Programme (DDEP).
Speaking at the 128th Monetary Policy Committee (MPC) press briefing on January 28, 2026, Dr. Asiama said discussions on the bank’s recapitalization have been fruitful, adding that the process is crucial to the central bank’s development and strategic positioning.
“I believe in the government’s commitment to recapitalize the Central Bank following the hit it took to protect the economy amid the domestic debt restructuring programme. So far, discussions with government have been fruitful, and there is support to help repair the Bank’s balance sheet,” he said.
He added that restoring the BoG’s capital position will help stabilize market conditions and close loopholes within Ghana’s financial landscape.
“It is only fair that the wounds suffered as a result are addressed. The recapitalization process will safeguard the Central Bank’s ability to operate independently and maintain confidence in monetary policy,” he emphasized.
The government recapitalized some commercial banks in 2025. According to Dr. Asiama, these banks have since reported strong financial records, signaling an improved environment for banking operations in the country.
He noted that as of the end of 2025, 21 out of 23 licensed banks had met the required capital adequacy thresholds, with two banks granted a deadline of end-March 2026 to fully comply.
“We have two more banks that are yet to meet the requirement, but they have been given until the end of March 2026. Overall, we have made significant progress on the recapitalization strategy, and we are monitoring closely to ensure full compliance,” he stressed.
