Tag: Community Banks
Browse our exclusive articles!
Academic Backs Rural Bank Reform as March 31 Conversion Deadline Arrives
A senior banking academic has thrown his weight behind the Bank of Ghana's (BoG) directive requiring all rural banks to complete their conversion into...
Rural Bank Overhaul Risks Undermining Depositor Trust, Specialist Warns
The Bank of Ghana confronts mounting pressure to execute its microfinance sector transformation with precision, as industry specialists caution that implementation missteps could destabilise...
Bank of Ghana Unveils Sweeping Microfinance Sector Reforms
The Bank of Ghana (BoG) has unveiled a comprehensive overhaul of the country's microfinance and community banking sector, introducing higher capital requirements, clearer institutional...
Bank of Ghana Orders Rural Banks Transformation by March
Ghana's central bank has mandated that all existing rural banks must convert into community banks by March 31, 2026, marking a fundamental shift in...
Rural and Community Banks Essential for Supporting Underserved Areas in the Banking Sector
Mrs. Elsie Addo Awadzi, Second Deputy Governor of the Bank of Ghana, has underscored the crucial role that rural and community banks (RCBs) play...
