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Bank of Ghana (BOG) Releases List of Licensed Banks in Ghana


The Central Bank of Ghana which has the sole responsibility to regulate, supervise and direct the banking and credit system and ensure the smooth operation of the financial sector has released a list of banks in Ghana in good standing as at August 2018.

The latest list from the Bank of Ghana is to restore customers confidence in the Banking sector after the collapse of some local banks.

In August 2017, the Bank of Ghana gave GCB Bank the green light to acquire 2 local banks, UT Bank and Capital Bank. In August 2018, the Bank of Ghana announced the creation of Consolidated Bank to take over 5 struggling local banks. The 5 five banks are Beige Bank, Sovereign Bank, Construction Bank, The Royal Bank and Unibank.

According to the Governor of the Bank of Ghana, Dr. Ernest Addison, said that some banks presented fake documents that made it seem they could meet the new capital requirement.

Below are the list of the licensed banks in Ghana as at August 2018

  1. Access Bank (Ghana) Limited
  2. ADB Bank Limited
  3. Bank of Africa, Ghana Ltd
  4. Bank of Baroda (Ghana) Limited
  5. Banque Sahélo-Saharienne pour I’Investissement et le Commerce BSIC (Ghana) Limited
  6. Barclays Bank of Ghana Ltd.
  7. CAL Bank Limited
  8. Consolidated Bank Ghana Limited
  9. Ecobank Ghana Limited
  10. Energy Commercial Bank Ltd
  11. FBNBank (Ghana) Ltd
  12. Fidelity Bank Limited
  13. First Atlantic Bank Ltd
  14. First National Bank (Ghana) Ltd
  15. GCB Bank Limited
  16. GN Bank Limited
  17. Guaranty Trust Bank (Ghana) Limited
  18. Republic Bank (Ghana) Ltd
  19. National Investment Bank Ltd
  20. Prudential Bank Limited
  21. Societe General (Ghana) Limited
  22. Stanbic Bank Ghana Ltd
  23. Standard Chartered Bank (Ghana) Limited
  24. United Bank for Africa (Ghana) Ltd.
  25. Universal Merchant Bank Ltd
  26. Zenith Bank (Ghana) Limited
  27. Premium Bank Ltd
  28. OmniBank Ghana Limited
  29. Heritage Bank Limited
  30. GHL Bank Limited
  31. ARB Apex Bank Ltd

Related: BoG supports listing of banks as 9th bank issues IPO

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Henry Cobblah

Henry Cobblah is a Tech Developer, Entrepreneur, and a Journalist. With over 15 Years of experience in the digital media industry, he writes for over 7 media agencies and shows up for TV and Radio discussions on Technology, Sports and Startup Discussions.

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