Radio1Ghana

Edited by: Solomon Kwabena Nana-Ansah – Paaps –  The Bank of Ghana (BoG) has officially converted all Rural Banks into Community Banks as part of sweeping reforms under the revised Microfinance Sector Framework aimed at strengthening inclusive financial services across the country. The announcement, made in a statement issued on Tuesday, June 17, 2026, follows the implementation of the Guideline on the Revised Microfinance Sector Framework, 2026 (Notice No. BG/GOV/SEC/2026/03). According to the central bank, all existing Rural Banks—previously referred to as Rural and Community Banks—will now operate as Community Banks. The affected institutions have until the end of December…