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BoG engages clergy on plans to introduce Non-Interest Banking

The session featured a presentation by Professor John Gatsi, an Advisor at the Bank The session featured a presentation by Professor John Gatsi, an Advisor at the Bank

The Bank of Ghana (BoG) has held a high-level engagement with leaders of the clergy to discuss its plans to introduce non-interest banking and finance in the country.

In a post shared on Friday, July 25, 2025, the central bank said the meeting took place at the Bank Square in Accra as part of efforts to promote inclusive banking.

The session featured a presentation by Professor John Gatsi, an Advisor at the Bank, who outlined the potential of non-interest financial services to improve access to finance, particularly for those excluded by conventional banking models.

The meeting follows the Central Bank’s announcement of plans to establish a comprehensive framework to support non-interest banking and finance (NIBF) by the end of 2025, subject to prevailing conditions.

The adoption of NIBF in Ghana is expected to play a crucial role in enhancing financial inclusion and promoting long-term economic stability.

MA

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