BMVA

The Bank of Ghana has commenced the development of a Business Model and Viability Analysis (BMVA) Framework to enhance its supervisory practices for assessing the sustainability of banks’ business models. BMVA allows supervisors to identify banks’ vulnerabilities at an early stage and ensure safety and soundness. Speaking at the 40th Annual General Meeting of the Ghana Association of Banks, the Governor of the Bank of Ghana, Dr. Ernest Addison, said his outfit is focused on assessing the implications of banks’ strategic decisions and its alignment with their risk appetites, following the adverse impact of the Domestic Debt Exchange Programme. Due to…