Ghana: Most Universal Banks On Track to Be Capital Compliant – Fitch

The vast majority of Ghanaian banks are on track to be capital-compliant once regulatory forbearance relating to the treatment of Ghana’s domestic default expires at the end of 2025, Fitch Ratings has said.

According to the international rating agency, this is largely due to “strong profits, low risk-weighted asset growth and, in some cases, capital injections.”

This was in its latest report on the Ghanaian banking sector, which reviewed developments following the Domestic Debt Exchange Programme…