{"id":428651,"date":"2011-05-23T11:18:17","date_gmt":"2011-05-23T11:18:17","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/05\/23\/bank-of-ghana-to-protect-standards-in-financial-sector\/"},"modified":"2011-05-23T11:18:17","modified_gmt":"2011-05-23T11:18:17","slug":"bank-of-ghana-to-protect-standards-in-financial-sector","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/05\/23\/bank-of-ghana-to-protect-standards-in-financial-sector\/","title":{"rendered":"Bank of Ghana to protect standards in financial sector"},"content":{"rendered":"<div readability=\"56.4505415162\">\n<p>You Are Here: <a href=\"http:\/\/www.ghanabusinessnews.com\">Home<\/a> \u00bb <a href=\"http:\/\/www.ghanabusinessnews.com\/category\/general-news\/\" title=\"View all posts in General News\" rel=\"category tag\">General News<\/a>, <a href=\"http:\/\/www.ghanabusinessnews.com\/category\/lead-story\/\" title=\"View all posts in Lead Story\" rel=\"category tag\">Lead Story<\/a> \u00bb Bank of Ghana to protect standards in financial sector<\/p>\n<div>\n<p><span>Page last updated at Monday, May 23, 2011 11:11 AM \/\/ <\/span><\/div>\n<p><a href=\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/02\/bank-of-ghana.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-5867\" title=\"bank-of-ghana\" src=\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/02\/bank-of-ghana.jpg\" alt=\"\" width=\"248\" height=\"210\" \/><\/a>Mr Seth Terkpeh, Deputy Minister of Finance said the Bank of Ghana has put in place strong regulatory and supervisory framework to ensure that the financial sector remains robust.<\/p>\n<p>The measure also aims at maintaining standards to protect depositors and serve the need of the citizenry.<\/p>\n<p>Mr Terkpeh who was answering a question on the floor of Parliament said details of the safety measures put in place by the Central Bank comprise the need for Ghana to operate its banking and financial sector in accordance with globally accepted standards such as the Basel rules, which was adopted in response to the Global Financial Crisis.<\/p>\n<p>He said liquidity, reserve, capital adequacy and other financial and accounting indicators are needed to facilitate the necessary due diligence for\u00a0 new financial institutions and ensure the financial health of all banking entities operating in the country.<\/p>\n<p>Mr Terkpeh said the measure also include regular supervision and auditing of financial institutions by staff of the central bank and performance of stress test and monitoring of the financial sector, including assessment of non-performing loans.<\/p>\n<p>Source: GNA<\/p>\n<hr\/>\n<p>| | <a href=\"http:\/\/twitter.com\/home?status=Currently%20reading%20http:\/\/www.ghanabusinessnews.com\/2011\/05\/23\/bank-of-ghana-to-protect-standards-in-financial-sector\/\" title=\"Click to send this page to Twitter!\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a> | <\/p>\n<hr\/>\n<h4>Comments<\/h4>\n<\/div>\n<p>Go here to see the original:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.ghanabusinessnews.com\/2011\/05\/23\/bank-of-ghana-to-protect-standards-in-financial-sector\/\" title=\"Bank of Ghana to protect standards in financial sector\" rel=\"noopener noreferrer\">Bank of Ghana to protect standards in financial sector<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> You Are Here: Home \u00bb General News , Lead Story \u00bb Bank of Ghana to protect standards in financial sector Page last updated at Monday, May 23, 2011 11:11 AM \/\/ Mr Seth Terkpeh, Deputy Minister of Finance said the Bank of Ghana has put in place strong regulatory and supervisory framework to ensure that the financial sector remains robust. The measure also aims at maintaining standards to protect depositors and serve the need of the citizenry. Mr Terkpeh who was answering a question on the floor of Parliament said details of the safety measures put in place by the Central Bank comprise the need for Ghana to operate its banking and financial sector in accordance with globally accepted standards such as the Basel rules, which was adopted in response to the Global Financial Crisis<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-428651","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bank of Ghana to protect standards in financial sector - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/05\/23\/bank-of-ghana-to-protect-standards-in-financial-sector\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Bank of Ghana to protect standards in financial sector - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"You Are Here: Home \u00bb General News , Lead Story \u00bb Bank of Ghana to protect standards in financial sector Page last updated at Monday, May 23, 2011 11:11 AM \/\/ Mr Seth Terkpeh, Deputy Minister of Finance said the Bank of Ghana has put in place strong regulatory and supervisory framework to ensure that the financial sector remains robust. 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Mr Terkpeh who was answering a question on the floor of Parliament said details of the safety measures put in place by the Central Bank comprise the need for Ghana to operate its banking and financial sector in accordance with globally accepted standards such as the Basel rules, which was adopted in response to the Global Financial Crisis\" \/>\n<meta name=\"twitter:image\" content=\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/02\/bank-of-ghana.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/23\/bank-of-ghana-to-protect-standards-in-financial-sector\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/23\/bank-of-ghana-to-protect-standards-in-financial-sector\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Bank of Ghana to protect standards in financial sector\",\"datePublished\":\"2011-05-23T11:18:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/23\/bank-of-ghana-to-protect-standards-in-financial-sector\/\"},\"wordCount\":230,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/23\/bank-of-ghana-to-protect-standards-in-financial-sector\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/02\/bank-of-ghana.jpg\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/05\/23\/bank-of-ghana-to-protect-standards-in-financial-sector\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/23\/bank-of-ghana-to-protect-standards-in-financial-sector\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/05\/23\/bank-of-ghana-to-protect-standards-in-financial-sector\/\",\"name\":\"Bank of Ghana to protect standards in financial sector - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/23\/bank-of-ghana-to-protect-standards-in-financial-sector\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/23\/bank-of-ghana-to-protect-standards-in-financial-sector\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/02\/bank-of-ghana.jpg\",\"datePublished\":\"2011-05-23T11:18:17+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/05\/23\/bank-of-ghana-to-protect-standards-in-financial-sector\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/23\/bank-of-ghana-to-protect-standards-in-financial-sector\/#primaryimage\",\"url\":\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/02\/bank-of-ghana.jpg\",\"contentUrl\":\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/02\/bank-of-ghana.jpg\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bank of Ghana to protect standards in financial sector - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/05\/23\/bank-of-ghana-to-protect-standards-in-financial-sector\/","twitter_card":"summary_large_image","twitter_title":"Bank of Ghana to protect standards in financial sector - Ghanamma.com","twitter_description":"You Are Here: Home \u00bb General News , Lead Story \u00bb Bank of Ghana to protect standards in financial sector Page last updated at Monday, May 23, 2011 11:11 AM \/\/ Mr Seth Terkpeh, Deputy Minister of Finance said the Bank of Ghana has put in place strong regulatory and supervisory framework to ensure that the financial sector remains robust. 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