Regulatory Alerts2026-05-26
Financial Stability Review Report 2025
Issued by the Bank of Ghana alongside six other national financial regulators under the Financial Stability Council, this report evaluates Ghana’s financial system developments and establishes updated policy priorities to mitigate emerging stability risks. The 2025 edition introduces dedicated chapters on Financial Stability Council initiatives and Systemic Risk Survey results, while providing comprehensive resilience assessments across banking, insurance, securities, and pension sectors. Special features direct regulatory focus toward Ghana’s Mutual Evaluation Round outcomes, deposit insurance frameworks, microfinance reforms, FinTech payment vulnerabilities, and green bond regulations.
About The Financial Stability Review
The Financial Stability Review evaluates developments in Ghana’s financial system, with emphasis on policies implemented to mitigate emerging risks to financial stability. This report is organised into eight (8) chapters: macro-financial developments, developments in Ghana’s financial system, assessment of the Banking, Insurance, Securities, and Pensions Industries, financial sector resilience, and a special features section that highlights topical issues of relevance to financial stability. In this current edition, two new sections have been introduced – key Financial Stability Council (FSC) initiatives to promote financial stability are captured in Chapter 2, while the results of a Systemic Risk Survey are discussed in Chapter 7. The special feature discusses thematic issues on Ghana’s 3rd Round of Mutual Evaluation, deposit insurance, microfinance sector reforms, emerging risks in the FinTech and payment systems sector, and green bonds regulation in Ghana. The Financial Stability Review is a collaborative effort of the Bank of Ghana, Ministry of Finance, National Insurance Commission, Securities and Exchange Commission, National Pensions Regulatory Authority, Ghana Deposit Protection Corporation, and the Financial Intelligence Centre, under the auspices of the FSC.
Download the full report here