Dr Johnson Asiama – Governor, Bank of Ghana.
The Bank of Ghana (BoG) has directed commercial banks to reduce their non-performing loan (NPL) ratios to below 10 per cent by the end of 2026.
The Central Bank said the reduction was necessary to strengthen financial stability, improve credit growth and support sustainable financing of businesses.
Dr Johnson Pandit Asiama, BoG Governor, reiterated the directive at a high-level forum organised by the Chartered Institute of Restructuring and Insolvency Practitioners (CIRIP), Ghana, in Accra.
The forum, supported by the BoG, was on the theme: “Financing distressed companies: The impact of NPLs, IFRS nine standards and prudential regulations on post-commencement financing for distressed companies under rescue and possible interventions.”
In June 2025, the Central Bank directed all RFIs to keep NPL ratios at or below 10 per cent, noting that RFIs that would breach the directive after December 2026 must notify the regulator within 10 days a
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