The Bank of Ghana has reaffirmed its commitment to financial inclusion by engaging representatives of the clergy in Accra to discuss the development of a framework for non-interest banking and finance.
The high-level meeting, which took place at the Bank Square, featured the three governors, the advisor to the Bank, as well as directors from the Banking Supervision and Communication Departments.
During the session, the Governor delivered a keynote address highlighting the benefits of non-interest banking as a viable model for expanding access to financial services. “Financial inclusion and diversified funding of public and private infrastructure remain a compelling reason for non-interest banking and finance,” he stated.
Leading the technical discussion was economist Prof. John Gatsi, with key input from Mr. Ismail Adam. Their presentation drew thoughtful reactions from faith-based institutions including the Catholic Bishops Conference, Christian Council of Ghana, Ghana Pentecostal Council, Assemblies of God, and the Alliance for Christian Advocacy.
The Bank of Ghana acknowledged the meeting as productive, with participants offering valuable suggestions to enrich the proposed framework and ensure it resonates with the socio-economic realities of Ghana.
