Bank of Ghana Urges Lenders to Go Public by Tapping Pensions

Ghana’s central bank is urging the country’s lenders to tap into pension funds’ huge resources by offering shares and listing on the stock market.

Going public will boost financial stability at a time that “macroeconomic stability has improved, confidence is returning, and domestic long-term capital is growing rapidly,” Bank of Ghana Governor Johnson Asiama said Tuesday in the capital, Accra, to encourage bank listings.