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monetary policy report
Banking Sector Developments Report – July 2020
The slowdown in the growth of key balance sheet indicators observed in Q1-2020 seems to have picked up somewhat during Q2-2020 in response to the various policy measures announced by the Bank of Ghana in March and May 2020. Banking sector data as at June 2020 shows total assets at
GH¢139.0 billion at end-June 2020, representing a year-to-date growth of 7.8 percent for HY-2020, higher than the 3.5 percent growth recorded in Q1-2020.