BoG Will Ensure Banks Remain Solvent – Dr Addison - News Summed Up

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BoG Will Ensure Banks Remain Solvent – Dr Addison


Dr. Ernest Addison, the governor of the Bank of Ghana (BoG), has expressed worry about the solvency of some Ghanaian banks. According to him, the Central Bank will put in measures to ensure that banks remain solvent. This, he said is the most important task of the Central Bank. Nevertheless, the Central Bank will put in measures that will ensure that the banks remain solvent." This forecast is conditioned on the continued maintenance of the tight monetary policy stance and the deployment of tools to contain excess liquidity in the economy."


Source: GhanaWeb November 29, 2022 20:18 UTC



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