Also known as: Dr. Johnson Asiama · Governor Asiama · Dr. John Asiamah · Governor Dr. Johnson Asiama · Dr Johnson Asiamah · Dr Johnson Asiama · Bank of Ghana Governor Dr. Johnson Asiama · Governor Dr Johnson Asiama
Governor of the Bank of Ghana overseeing monetary policy, banking sector regulation, and foreign exchange management amid economic reforms.
… On February 6, the Daily Graphic carried a interview in which the new Bank of Ghana Governor, Dr Johnson Asiama, appeared to rule out any reinstatement, telling the paper the matter had been conclusively settled and that the central bank would only entertain a fresh application f …
… Johnson Asiama, says the central bank has not abandoned the eCedi project, stressing that authorities are still exploring ways to deploy the digital currency to support cross-border payments and improve trade across the region. …
… Johnson Asiama, says the central bank is not artificially intervening in the foreign exchange market despite recent pressures on the cedi, insisting that the Bank’s focus remains on building strong external reserves to support long-term stability. …
… Johnson Asiama, says while Ghana’s domestic economy continues to show strong signs of recovery and stability, ongoing tensions in the Middle East remain a significant external risk to the country’s economic outlook. …
The Governor of the Bank of Ghana, Dr Johnson Asiama, says the non-performing loans ratio within Ghana’s banking sector is expected to decline further as new regulatory guidelines begin to take effect. …
… Johnson Asiama said the committee also considered recent gains in inflation moderation, exchange rate stability and improving investor confidence before deciding to keep the benchmark rate unchanged. …
Ghana’s foreign exchange reserves and inflation outlook face renewed pressure following rising global energy prices triggered by the escalating Middle East conflict, Dr Johnson Asiama, Governor of the Bank of Ghana, has warned. …
… Johnson Asiama has disclosed that Ghana’s current account surplus for the first quarter of this year exceeded the same period in 2025 by US$652 million. …
The Governor of the Bank of Ghana has urged banks to formalise robust policies on third-party collateral and strengthen due diligence procedures, citing instances of fraudulent land titles, forged ownership documents, and falsified consent letters used in credit applications.
Why it matters
Bank of Ghana urges banks to strengthen collateral policies following fraudulent land titles and forged documents, signalling systemic credit risk in the financial system.
The Governor of the Bank of Ghana has urged banks to formalise robust policies on third-party collateral and strengthen due diligence procedures, citing instances of fraudulent land titles, forged ownership documents, and falsified consent letters used in credit applications.
Bank of Ghana Governor Dr. Johnson Asiama said that developments in the Middle East and a peace deal will influence Ghana's inflation outlook, and the central bank is monitoring events ahead of the next Monetary Policy Committee meeting. The Governor noted that the last MPC decision to maintain the policy rate at 14 percent reflected balanced risks to inflation and growth at that time, with expectations that things might change.
The Governor of the Bank of Ghana has called on commercial banks to increase support for agriculture, manufacturing, and export-oriented businesses, saying the long-term sustainability of Ghana's financial system depends on the strength of the real sector.
Bank of Ghana Governor Dr. Johnson Asiama reported that the banking sector has demonstrated strong improvements, with total assets expanding by 26.6 percent to GH¢493.9 billion, capital adequacy ratio rising to 22.3 percent from 17.5 percent, and non-performing loans declining from 23.6 percent to 18 percent. However, the Governor cautioned against complacency, warning that elevated credit risks continue to pose challenges.
The Bank of Ghana Governor has warned bank staff involved in fraudulent collateral arrangements that they will face severe disciplinary action, citing increasing cases of forged land titles and ownership documents used to secure credit facilities, including properties pledged without legitimate owners' knowledge.
Ghana's non-traditional export sector produced record earnings of US$5.006 billion in 2025, a 30.7 percent increase from US$3.83 billion in 2024, with processed and semi-processed products accounting for more than 83 percent of total export earnings.
The Bank of Ghana Governor, Dr. Johnson Asiama, stated that the Ghana International Bank will become a leading financial bridge between Africa and international capital markets. The GHIB Board announced Chartered Accountant and Banker Ian Greenstreet as the new CEO, subject to regulatory approval, succeeding Dean Adansi who led the bank for eight years.
UK-based Ghana International Bank's Chief Executive Officer Dean Adansi has been relieved of his duties by the Board, which is controlled by the Government of Ghana through the Bank of Ghana. Ian Owulakwao Greenstreet, an investment banker and financial risk management expert, has been named as his replacement, subject to regulatory approval.
Ghana's Finance Minister and Bank of Ghana Governor presented the government's economic reform programme—including debt restructuring, fiscal discipline, and financial sector strengthening—to international investors and financiers at a breakfast meeting in London.
Bank of Ghana Governor Dr. Johnson Asiama told Bloomberg the country has built the necessary reserves to withstand oil price shocks, expressing confidence that current crises will be short-term and that resilience has improved over the past year.
Ghana received a record $7.8 billion in diaspora remittances in 2025, up from $4.8 billion in 2024, driven by digital financial innovation and regulatory improvements including the Bank of Ghana's Payment Systems and Services Act and updated Guidelines for Inward Remittance Services. Remittances now account for roughly 6% of Ghana's GDP and serve as a stable source of foreign exchange, though most inflows continue to finance household consumption.
The Bank of Ghana is raising the amount of foreign exchange available to the market under its Forex Intermediation Programme to $1.2 billion for June 2026, up from $1 billion in May, as the cedi faces renewed pressure. The central bank will guide its actions by a newly approved foreign exchange operations framework, with future monthly volumes to be determined by prevailing market conditions.
The Bank of Ghana projects inflation could rise above 10 percent by year-end if crude oil prices remain above 100 dollars, potentially breaching its upper target band. Rising fuel costs could drive transport fares and utility tariffs higher, pressuring inflation in coming months.
The Ghana Cocoa Board is at an advanced stage of implementing a new domestic financing regime through a commercial paper programme, with pension funds, commercial banks, and industry stakeholders identified as primary sources. The Deputy CEO says the institution has hired transaction advisors and is close to finalising the programme's structure ahead of launch.
The Bank of Ghana Governor Dr. Johnson Asiama said the central bank is committed to sustaining monetary gains and safeguarding banking sector resilience to reinforce trust in the financial system. He also stated that institutions like Ghana International Bank are positioned to address Africa's estimated US$80 billion annual trade finance gap.
All six members of the Bank of Ghana's Monetary Policy Committee voted to keep the policy rate unchanged at 14% in May, citing concerns about Middle Eastern developments and their potential impact on Ghana's inflation outlook. Some members worried inflation could rise above 10% by year-end if current developments persist.
The Governor of the Bank of Ghana has announced that cocoa purchases for the 2026/27 crop season will be financed through $1 billion to be raised from the domestic bond market, part of efforts to strengthen Ghana's cocoa financing system and reduce dependence on foreign borrowing.
The Bank of Ghana assures it has international reserves of about US$14.42 billion as of May 2026 to meet seasonal forex demand, describing the cedi's depreciation of more than 8% against the US dollar as temporary and driven by demand pressures from rising oil import costs due to Middle East conflict.
At the ACI Financial Markets Association World Congress in Accra, Bank of Ghana Governor Dr. Johnson Asiama argued that financial markets are being redesigned in real time by emerging economies rather than imposed upon them, marking a shift from the traditional tone of reassurance adopted by central bank governors from emerging economies at international forums.
The Bank of Ghana's Governor said the country is unlikely to return to persistent cedi depreciation as ongoing economic reforms strengthen confidence in the economy. He attributed recent foreign exchange gains to stronger macroeconomic fundamentals, improved inflows including gold exports and remittances, and continued central bank monitoring.
A three-member Court of Appeal panel has unanimously overturned the Bank of Ghana's 2019 revocation of GN Savings and Loans Company Limited's operating licence, ruling the central bank's decision was unfair and unreasonable. The court ordered the Receiver to return possession, management and control of the company to its shareholders, though restoring the licence and resuming regulated banking activity remain separate processes.
Bank of Ghana Governor Dr. Johnson Asiama says the central bank has not abandoned the eCedi project and remains committed to the digital currency initiative, though authorities want to undertake more pilot programmes before full-scale rollout and are exploring how to deploy it for cross-border payments and trade improvements in the region.
Bank of Ghana Governor Dr. Johnson Asiama says the central bank is not artificially intervening in the foreign exchange market, but rather building reserves and strengthening buffers to support long-term economic stability and cedi stability.
Bank of Ghana Governor Dr. Johnson Asiama says ongoing Middle East tensions could affect global commodity prices and inflation, though Ghana's domestic economy shows strong signs of recovery with improving macroeconomic conditions and easing inflationary pressures. The BoG maintained its policy rate at 14 percent.
Bank of Ghana Governor Dr. Johnson Asiama said the non-performing loans ratio within Ghana's banking sector is expected to decline further as new regulatory guidelines take effect, citing recent policy interventions and stricter supervisory measures to strengthen asset quality across commercial banks.
The Monetary Policy Committee kept the policy rate unchanged at 14.0 percent after its 130th meeting, citing balanced domestic and external inflation risks, with headline inflation at 3.4 percent. The committee said relative exchange rate stability, increasing reserve buffers, and continued fiscal discipline are expected to help moderate upside risks.
Ghana's Bank of Ghana Governor Dr Johnson Asiama has flagged renewed pressure on the country's foreign exchange reserves and inflation outlook due to rising global energy prices from the Middle East conflict. He attributed inflation's first increase since December 2025 to domestic energy supply disruptions and external commodity price pressures, warning that these risks could undermine inflation expectations if not addressed.
The Bank of Ghana Governor disclosed that Ghana's current account surplus for the first quarter of 2026 exceeded the same period in 2025 by US$652 million, signalling economic evolution and structural changes. He attributed part of this to successful resumption of domestic treasury bond issuance and government bond instruments, which indicate returning investor confidence.
The Monetary Policy Committee of the Bank of Ghana has opened its 130th meeting to review the economy and decide on the policy rate, which is currently 14.0 percent. Governor Dr. Johnson Asiama has urged the committee to address credit expansion to businesses and warned of Middle East risks and vulnerabilities that could affect economic growth, particularly amid low inflation at 3.4 percent.
The Bank of Ghana Governor states that Ghana's economy shows domestic resilience despite a difficult external environment, with an energy price shock from the Middle East conflict now the central risk to the near-term outlook. He noted that re-accelerating headline inflation in advanced and emerging market economies poses transmission risks to Ghana through fuel prices, transportation costs, and import bills.