Financial Sector Reforms and Bank Performance in Ghana

Throughout the developing world governments have introduced banking reforms, and this study will be of interest well beyond Ghana. Of the banking reform measures introduced in Ghana from the late 1980s, the authors conclude that the liberalisation of interest rates and credit allocations have made available a wider range of financial services and introduced greater competition between banks. But State-owned banks remain inefficient, the sector is still oligopolistic and loan recovery remains a problem.