Bank Of Ghana Develops Own Currency Software To Strengthen Operational Efficiency

Bank Of Ghana Develops Own Currency Software To Strengthen Operational Efficiency

The Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, says the Bank has developed its own Enterprise Currency Operations Management Software, in short ECOMS, entirely in-house. The software will strengthen operational efficiency in currency management. The report was published on Thursday, November 12, 2026. The news has sparked huge interest across Ghana. Many Ghanaians say local technology must lead.

According to a report by GBC Ghana Online, the Bank developed ECOMS leveraging its own technical expertise and internal capacity. The report was published on Thursday, November 12, 2026. The report said the Bank did not buy foreign software. The report said the Bank used its own staff. The report said the move saves money. The report said the move builds skills.

Dr Asiama disclosed this when he spoke at the launch of the new Ghana Cedi Heritage Series banknotes at Bank Square in Accra today, Thursday, 12th November 2026. According to a report by GBC Ghana Online, the launch was under the theme The Cedi, Our Future, Secure, Designed to Last. The report said the Heritage Series covers all eight existing denominations. The denominations are GH 1, GH 2, GH 5, GH 10, GH 20, GH 50, GH 100 and GH 200. The report said the Bank has ruled out any note above GH 200.

The new banknotes have been designed with enhanced security features, improved durability and more portable sizes. According to a report by GBC Ghana Online, the features will strengthen currency protection. The report said the features will improve convenience in everyday transactions. The report said the new series features national heroes. The report said the new series features historic sites. The report said the new series features monuments and Adinkra symbols.

President John Dramani Mahama launched the new Ghana Cedi Heritage Series banknotes at Bank Square in Accra. According to a report by Opemsuo, the President described the redesigned currency as a representation of Ghana history. The report said the currency represents national identity. The report said the currency represents vision for the future. The report said the President praised the Governor. The report said the President praised staff of the Bank of Ghana.

The Bank of Ghana will put into circulation upgraded Ghana Cedi Heritage Series from December 1. According to a report by Ghana News Agency, the existing banknotes will remain legal tender. The report said the new notes will run side by side with old notes. The report said banks will withdraw old notes gradually. The report said the transition will be smooth. The report said the public should not rush.

In an interview with Ghana News Agency, an official of the Bank of Ghana said ECOMS will track currency. The official said ECOMS will manage stocks. He said ECOMS will reduce errors. He said the Ghana News Agency report shows that technology will improve currency operations.

Speaking to Joy News, Dr Asiama said the Bank is proud of its staff. He said the Bank built ECOMS in-house. He said the Bank will continue to innovate. He said the Joy News interview shows that Ghana can build its own systems.

Madam Efua Mensah at Accra said she sells food at Accra Central Market every day. She said she handles cash every day. She said she wants clean and strong notes. She said she hopes new notes will last longer.

Mr. Kwame Boateng at Kumasi said he is a driver in Kumasi. He said drivers in Kumasi handle cash daily. He said fake notes worry drivers. He said he hopes new security features will stop fakes.

Mr. Ibrahim Musa at Tamale said he is a teacher in Tamale in the Northern Region. He said teachers in Tamale use cash. He said students learn about the cedi. He said he hopes Heritage Series will teach history.

According to a report by GBC Ghana Online, the Heritage Series brings elements of Ghana heritage into everyday monetary transactions. The report said the notes show heroes. The report said the notes show sites. The report said the notes show Adinkra symbols. The report said the notes celebrate Ghana.

The Bank of Ghana called on all Ghanaians to learn about the new notes. The Bank said old notes remain valid. The Bank said new notes start December 1. The government asked all Ghanaians to support efforts to protect the cedi and celebrate Ghana heritage.

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