Also known as: BIS
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Joy Online
… The Bank for International Settlements reports that, as of 2025, only 35% of global cross-border retail payments are credited within one hour, well below the 75% target set under the G20 roadmap. …
African banks, stablecoins, and the next payments inflectionBank of Ghana Governor Dr. Johnson P. Asiama says strengthening domestic debt markets is reducing foreign exchange vulnerability but risks concentrating debt within national banking systems. He urges the next phase of reforms to build deeper, longer-dated, and more diversified domestic debt markets while avoiding crowding out private sector credit.
1 July 2026 · Business & Financial Times →
Bank of Ghana Governor Dr. Johnson P. Asiama says strengthening domestic debt markets is reducing foreign exchange vulnerability but risks concentrating debt within national banking systems. He urges the next phase of reforms to build deeper, longer-dated, and more diversified domestic debt markets while avoiding crowding out private sector credit.
1 July 2026 · Business & Financial Times →
Bank of Ghana Governor Dr. Johnson Pandit Asiama says Africa's reliance on domestic borrowing to avoid foreign exchange shocks is creating new risks within national banking systems, and that future debt reforms should strengthen domestic debt markets.
30 June 2026 · Business & Financial Times →
Bank of Ghana Governor Dr. Johnson Pandit Asiama says Africa's shift toward domestic borrowing reduces exposure to foreign exchange shocks but creates new risks within national banking systems. He argues the next phase of debt reforms should focus on building deeper, longer-dated, and more diversified domestic debt markets.
30 June 2026 · Business & Financial Times →
Heavy rainfall beginning Sunday night has submerged multiple Accra neighborhoods including Adabraka, Kaneshie, Weija, and Spintex; soldiers are rescuing stranded families from flooded homes, and at least one death from electrocution is feared. The flooding threatens livelihoods, with traders and households losing inventory and savings as water has not yet receded and more rain is forecast.
29 June 2026 · Joy Online →
Bank of Ghana Governor Dr Johnson Asiama cautioned that although global oil prices are falling following a Middle East ceasefire, Ghana and other emerging economies must remain alert to external risks including tighter global financial conditions, US dollar strength, and international economic uncertainty that continue to threaten economic stability.
29 June 2026 · Joy Online →
At a BIS roundtable in Basel, the Bank of Ghana's Governor said Ghana's recovery from recent economic challenges demonstrates the importance of developing resilient domestic debt markets to strengthen economic stability across Africa, noting that robust domestic capital markets are essential to reducing vulnerabilities and promoting sustainable growth.
28 June 2026 · Joy Online →
The Bank of Ghana's 2025 audited financial statements show an operational loss of GH¢15.63 billion, the largest since currency redenomination. The article argues the loss reflects successful monetary policy intervention to combat inflation and currency depreciation, rather than mismanagement.
22 May 2026 · Joy Online →
Over 60 percent of financial institutions have implemented AI in at least one key function, particularly credit decisioning, with applications ranging from faster approvals to expanded access to underserved populations. However, governance has not kept pace, as AI models often lack transparency and interpretability, creating challenges for regulators and institutions to oversee decision-making processes.
13 May 2026 · Business & Financial Times →
The Bank of Ghana reported a GH¢15.6 billion loss for 2025 alongside deepening negative equity, with observers questioning whether the central bank's stabilization efforts during Ghana's economic turbulence have left it financially weakened despite contributing to easing inflation, exchange rate stability, and improved investor confidence.
11 May 2026 · Joy Online →
Over 60% of global financial institutions have implemented AI in at least one key lending function, enabling faster approvals and wider credit access. However, the complexity and opacity of AI systems create governance challenges, as institutions cannot fully explain how their AI-driven lending decisions are made.
5 May 2026 · Joy Online →
Africa's fragmented cross-border payment systems are slow and costly compared to global averages, spurring interest in stablecoins as settlement infrastructure. The strategic question is whether African banks will institutionalize stablecoins within regulated frameworks or whether the infrastructure will continue to develop outside formal banking channels.
4 May 2026 · Joy Online →