Business News of Tuesday, 24 March 2026Source: www.ghanaweb.comThe Bank of Ghana (BoG) says it is considering extending the recapitalisation deadline for one of the two banks currently grappling with meeting the minimum capital requirements, Governor Dr Johnson Pandit Asiama has revealed. While Dr Asiama did not disclose the names of the institutions involved, he indicated that the central bank is taking a measured approach, evaluating progress made by the affected banks. Regarding the second bank, Governor Dr Asiama noted that it is also making efforts but may need more time and closer regulatory supervision. “Any extension granted will be based on clear evidence of progress and commitment to meeting the requirements,” he stressed. The recapitalisation exercise is part of the Bank of Ghana’s broader reform agenda, aimed at strengthening the banking sector, improving resilience, and safeguarding depositors’ funds.

Source: GhanaWeb March 24, 2026 16:21 UTC