In addition to making profits, banks now have more assets with capital adequacy ratios well above required regulatory levels. It is therefore not surprising that the improving banking sector stability partly accounted for Standard and Poor’s recent upgrade of Ghana’s long-term rating to ‘B’ from ‘B-’ with stable outlook. 22.
Ladies and gentlemen, while acknowledging that some critical  issues remain to be addressed; our economy has witnessed a significant turnaround in the macro indicators. The restoration of macroeconomic stability should provide some basis for improved financial intermediation to boost economic activities in the nearterm. Page | 12  23.