The upshot is that, although there was some deterioration in banks’ asset quality  BIS central bankers’ speeches  1  around mid-decade, this was nowhere near as pronounced as it was in the US and Europe. In saying all that, I also like to make the point that the resilience of the financial sector and the real economy are inter-related.
Following the July 2007 currency re-denomination exercise, the Bank of Ghana commissioned a review of the cash cycle to determine the effectiveness of the currency reform and seek ways to further enhance efficiency in cash management in Ghana. 4.