4h ago•2 min read
Conduct regular assessments of systemic importance of Ghanaian banks - IMF to BoG
Summary
The IMF urges BoG to regularly assess the importance of Ghanaian banks - but why is this so crucial?
The IMF has advised the Bank of Ghana (BoG) to conduct regular assessments of the systemic importance of Ghanaian banks. The report suggests increased transparency and integration with supervision and resolution functions - but what could this mean for the financial sector?