34
Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
The Governor of the Bank of Ghana, Dr. Johnson Asiama, has announced that the central bank is committed to reviewing the current Cash Reserve Ratio (CRR) for commercial banks.
However, he emphasized that any adjustments must be made gradually to prevent economic disruptions.
His remarks were in response to an appeal from the Governing Council of the Ghana Association of Banks (GAB) during a meeting aimed at fostering dialogue between banks and regulators to build trust and consensus on key financial policies.
Source: newsthemegh.com