Bank of Ghana

Established in 1957, BOG has regulatory and supervisory authority over banking and other financial institutions in Ghana, including credit unions, rural and community banks, and savings and loan companies. The mandate of BOG is to "maintain stability in the general level of prices, to ensure efficient operations of the banking and credit systems, and to support general economic growth. BOG issues monetary and fiscal policies, and it acts as a banker and financial adviser to the government. BOG also performs annual on-site audits of the microfinance institutions within its purview through its Other Financial Institutions Supervisory Department. As of year-end 2019, BOG had total assets of GHS 58 billion (USD 10 billion).