The Bank of Ghana has been presented with the prestigious Central Bank of the Year Award by the Central Banking Awards Committee.
The award follows the bank’s successful implementation of monetary policy and impressive achievement in reforming the banking sector in Ghana.
The usual awards dinner which was slated for March 2020, in Brussels, Belgium to highlight the outstanding performance and achievements of awardees was called off due to the emergence and worldwide effect of the coronavirus (Covid19) pandemic. The closure of country borders and airports with travel restrictions made it impossible for the organizers of the awards to celebrate the award winners.
During the virtual ceremony held to receive the award, the Governor of the Bank of Ghana, Dr. Ernest Addison, said, “It is a great privilege for the Bank of Ghana to be named the Central Bank of the Year, and I thank the team at Central Banking for the honour done us. This award reflects our vision to build a central bank of excellence that is well-respected by stakeholders and further strengthens our resolve to continue to implement sound monetary and financial sector policies”.
The awards recognizes excellence in a community facing difficult monetary policy and financial stability challenges that needed to be addressed effectively, while prudently embracing technological change in reserves, financial services, payments, currency management and data.
Source ; BOG