Guidelines for the Updated Microfinance Sector Framework – BoG

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd

The Bank of Ghana (BoG) has announced that in line with the guideline on the Revised Microfinance Sector Framework, 2026, the Rural Banking Sector has been converted to Community Banking Sector.

By this, existing Rural Banks have therefore become Community Banks. “As part of their transformation, the banks are required to complete all statutory name changes, corporate rebranding, and other regulatory alignments by end-December 2026”, a statement released by BoG on June 17, 2026 said.

Source: newsthemegh.com