• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business Banking & Finance

Bank of Ghana implements Asset Quality Review to assess health bank loans, investment portfolios

2 years ago
in Banking & Finance, Economy, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
61
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Bank of Ghana implements Asset Quality Review to assess health bank loans, investment portfolios

The Bank of Ghana (BoG) has embarked on a limited Asset Quality Review as part of its supervisory program for 2023.

This specialized exercise is designed to assess the health of banks’ loan and investment portfolios, ensuring their asset classifications adhere to required norms and International Financial Reporting Standards (IFRS).

Speaking at the 60th Anniversary Launch of the Chartered Institute of Bankers, Dr. Ernest Addison, the Governor of the Bank of Ghana, emphasized that this initiative is a strategic move to enhance risk management and bolster the stability of the banking industry.

Building on the implementation of Pillar 1 of the Basel II/III framework in 2018, the central bank intends to further advance regulatory reforms by engaging with the Ghana Association of Banks to implement Pillar 2 of the Basel II/III capital framework.

This framework aims to ensure that banks maintain adequate capital reserves to mitigate all significant risks inherent in their operations.

The regulatory guidance will encompass various aspects of Pillar 2, including Liquidity Risk Management, Internal Capital Adequacy Assessment Process, Guide to Supervisory Intervention, Concentration Risk, and Interest Rate Risk in the Banking Book, among others.

RelatedPosts

Top 10 African Countries With The Highest Borrowing Costs in 2025

From FX Pain to Profit Boom: Nigerian Companies Rebound Big After Devaluation

Importation of Toxic Fuel Deals a Major Blow to Dangote’s Fight for Market Share

Governor Addison also announced the successful completion of industry training on all seven Ghana Sustainable Banking Principles. The training for Principles 1 and 2 took place in 2020 and 2022, respectively, while in July 2023, the BoG concluded industry training for the remaining principles, Principles 3-7. This training was attended by Chief Risk Officers, Chief Compliance Officers, and Sustainability Officers from various banks.

Dr. Addison noted that this training is expected to result in improved industry reporting on the principles. The Ghana Sustainable Banking Principles and Sector Guidance Notes represent a significant initiative to incorporate environmental considerations, social inclusion, and good governance into banks’ lending decisions in Ghana.

It serves as a guide for banks to integrate the core principles of sustainability into their business operations, ultimately contributing to enhanced growth and increased returns.

Tags: Bank of Ghana implements Asset Quality Review to assess health bank loansBOGCIBinvestment portfolios
No Result
View All Result

Highlights

GSE Rallies as Composite Index Crosses 7,000 Points; Trade Volume Surges Over 468%

COCOBOD Rules out Syndicated Loan for 2025/2026 Crop Season Amid Global Cocoa Shortage

Fitch Solutions Projects Cedi Stability Through 2025-2026, Cautions on Gold Price Risks

BoG Policy Rate Cut to 25%: Details of the 6-0 Vote Decision by MPC Members

Non-Interest Banking & Finance: A Profitable Path by Bank of Ghana

CHAN2024: Algeria Dominates Uganda, While Guinea Edges Past Niger Group Openers

Trending

Business

Top 10 African Countries With The Highest Borrowing Costs in 2025

August 5, 2025

Top 10 African Countries With The Highest Borrowing Costs in 2025 As inflation remains a persistent threat...

From FX Pain to Profit Boom: Nigerian Companies Rebound Big After Devaluation

August 5, 2025

Importation of Toxic Fuel Deals a Major Blow to Dangote’s Fight for Market Share

August 5, 2025

GSE Rallies as Composite Index Crosses 7,000 Points; Trade Volume Surges Over 468%

August 5, 2025

COCOBOD Rules out Syndicated Loan for 2025/2026 Crop Season Amid Global Cocoa Shortage

August 5, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.