However, without getting into the merits of this approach, from a regulatory stand point, we feel that some of these poorly managed banks could slide below the minimum regulatory threshold of capital if they don’t get their acts together soon enough.
The Bank of Ghana’s policy and regulatory measures since March 2020 have included:   a 150 basis points reduction in our monetary policy rate;    a reduction of the Capital Conservation Buffer for banks from 3 percent to 1.5 percent; 4    a reduction of the Cash Reserve Requirement for banks from 10 percent to 8 percent;    a reduction of the 8 percent primary reserve ratio of savings and loans companies, finance house companies, and rural and community banks to 6 percent, and the 10 percent primary reserve ratio of micro finance companies to 8 percent.