BoG: Banking Sector Recovers After DDEP (Capital Up, NPLs Down, Gold Reserves Boosted)
Dr. Johnson Pandit Asiama, the Governor of the Bank of Ghana, said that the Domestic Debt Exchange Programme (DDEP) initially put a strain on banks’ balance sheets, lowering their capital buffers and limiting their ability to lend. However, ongoing recapitalization and regulatory oversight have made the sector stronger. Capital adequacy has gone up to 17.5%,…

