Ghana’s Government Clarifies No Immediate Recapitalization Plans for Struggling Savings and Loans Firms

The Bank of Ghana (BoG) has officially reiterated that there are no plans to recapitalize struggling savings and loans (S&L) firms in the near term, despite growing concerns over their financial stability. In a statement attributed to Ato Forson, the Governor of the Bank of Ghana, the central bank emphasized that the current regulatory framework [...]
2026-07-25 04:00:59