The Bank of Ghana (BoG) will dispose of its remaining shares in the Agricultural Development Bank (ADB) and National Investment Bank (NIB) as it moves to focus solely on its regulatory mandate.

Governor Dr. Johnson Pandit Asiama disclosed this after the latest Monetary Policy Committee (MPC) meeting, stating that the decision would help eliminate any perceived conflict between the central bank’s ownership interests and supervisory responsibilities.

The BoG currently holds about 13 per cent shares in ADB, with the Board approving the sale of the stake, which is expected to be completed later this year.

“In the case of Agricultural Development Bank, we still have some residual shares, about 13 percent. The Bank of Ghana Board has taken the decision that we should dispose of that shareholding,” Dr. Asiama said.

He added that the central bank would also sell its remaining 1 per cent stake in NIB. “Bank of Ghana certainly will get out of the space. We are the regulator and we’ll continue to be the regulator in that area,” he stated.

Meanwhile, Dr. Asiama said the recent decline in business and consumer confidence was marginal and largely influenced by global economic uncertainties.

He noted that geopolitical tensions and global financial shocks were affecting businesses and households but stressed that confidence remained broadly stable.

“The dip we have seen is quite a marginal one, just a small dip,” the Governor said, adding that current pressures were driven more by external factors than weaknesses in Ghana’s domestic economy.