The President, Nana Addo Dankwa Akufo-Addo, has lauded the Bank of Ghana on being adjudged by the Central Banking Awards as the Central Bank of the Year for 2019.
According to the President, the award was proof of the “excellent work undertaken by the Governor and officials of the Bank in reforming Ghana’s banking sector”.
The President, in a Tweet, on Monday said: “I extend warm congratulations to the Bank of Ghana on being adjudged Central Bank of the Year for 2019.”
“This is in recognition of the excellent work undertaken by the Governor and officials of the Bank in reforming Ghana’s banking sector, and also for the emphasis they have placed on the growth of digital infrastructure.”
“Ayekoo, and I am confident that the best days of the Bank, and, indeed, of Mother Ghana, herself, lie ahead.”
The Bank of Ghana was recognised by the Central Banking Awards as the Central Bank of the Year following series of reforms it implemented over the past two years to strengthen the financial sector.
The awards, which will be held on March 19, 2020, in Brussels, Belgium, said the bank had an impressive record of achievement, but the most notable, is its reform of a seriously undercapitalised and poorly managed banking sector.
By this award, the Bank of Ghana takes over from the Monetary Authority of Singapore (MAS) which was the overall winner last year.
