Governor of the Bank of Ghana (BoG) Dr Ernest Addison has said that Ghana's banking sector continues to remain profitable and well-capitalised.
Dr Addison said this while addressing the 122nd Monetary Policy Committee (MPC) press conference in Accra on Monday, January 27. "The banking sector continues to be profitable, well-capitalized and liquid.
Assets of the banking sector grew by 33.8 percent in 2024.
Capital Adequacy Ratio (CAR) with reliefs grew marginally to 14.0 percent in December 2024 from 13.9 percent in December 2023," he said.
