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Government has taken note of the 2018 Ghana Banking Survey report released by renowned international audit firm, Pricewaterhouse Coopers (PwC) which predicts good times ahead the country's banking sector in 2019.

PwC on Thursday 13th September 2018, released this year’s Ghana Banking Survey report which predicts a boost in the country’s banking sector to be driven by digitization.

A statement signed by the Deputy Minister for Information, Plus Hadzide, said PWC also "predicted a meaningful growth and exciting innovations", basing it arguments on "improvement in operational efficiency of banks and increase in earning potential in the wake of recapitalization exercise of the Bank of Ghana".

These are all adequately in line with government's vision of ensuring the growth and sustainability of the financial sector.

According to the statement, "Government's implementation of strict banking reforms coupled with strong economic fundamentals and policies to save struggling banks have all contributed to reforms in the banking sector and would translate into the good times ahead".

Over the weekend, international rating firm Standard and Poor's raised the country's credit ratings from a B- to a stable B, clearly confirming the efforts of the Economic team of the Nana Addo led NPP administration in ensuring a stable economic outlook that balances the country’s  robust growth prospects, decreasing inflation, and narrower current account deficits.

"The Akufo-Addo government will continue to implement policies that will transform the fortunes of the country as well as work towards achieving an accelerated economic development in line with the Ghana beyond Aid agenda," the statement further added.

Click on the attached document on the top right to read the 2018 Ghana Banking Survey report  by Pricewaterhouse Cooper.