As we are all aware, today marks  another significant milestone in the history of Ghana’s financial sector as we launch the Cyber Security Directives for Financial Institutions. 2. After careful consideration on issues regarding cyber security and its implications on financial intermediation, the Bank chose the theme “A Safer Digital Financial Industry” to launch the Cyber Security Directives for two main reasons.
But on the flip side a permanent LVR setting will continue to guard against the very risky forms of lending, and may better prepare the banking system to adapt to a more restrictive calibration if risks reemerge. The efficacy of a permanent LVR setting is an important policy question for future research.