BoG to bolster oversight with Business Model Analysis integration
Ghana's central bank plans to integrate Business Model Analysis (BMA) into its supervisory frameworks. This initiative aims to help supervisors identify vulnerabilities in banks at an early stage, ensuring their stability, safety, and long-term soundness. BMA, the Bank of Ghana (BoG) Governor, Dr. Ernest Addison indicates can help a central bank understand a bank's business model and the risks it poses. Further, a well-designed and comprehensive BMA approach provides banks with the basis to understand, analyse, assess the sustainability of their business models, enhance proactive, forward-looking operations, and strategy evaluation, he noted. Speaking atthe 28th National Banking and Ethics Conference...
