Ghana’s rural banking story is one of greatest innovations in financial inclusion – First Deputy Governor

Speaking at the programme, the first Deputy Governor of the Bank of Ghana pointed out that “Ghana remains home to one of the largest and most vibrant Community Banking sectors on the African continent”.

He, therefore, argued that one cannot celebrate financial inclusion and local financial intermediation without talking about rural banking, now called Community Banking in Ghana.

According to the Bank of Ghana, the decision to convert rural banks to community banks is of a broader strategy to improve financial inclusion and aid what the regulator describes as a community level financial intermediation.