The Bank of Ghana has posted a total loss of GH₵15,630,122,000 in its 2025 financial report, representing a significant deterioration from the GH₵9,487,462,000 loss recorded in the previous year. The entire loss was attributed to equity shareholders of the bank.
Expenses Outpace Revenue
According to the report, total operating expenses for the period stood at GH₵37,910,534,000 — exceeding the previous year’s figure by GH₵19,022,179,000. The surge was driven primarily by the cost of open market operations, which amounted to GH₵16,730,526,000, and a net loss on gold deals totalling GH₵9,052,774,000.
Despite the loss, the bank recorded a notable improvement in operating revenue, which rose by GH₵12,879,519,000 to GH₵22,280,412,000 from GH₵9,400,893,000 in 2024. The increase was largely attributed to net gains from the sale of refined gold and interest income calculated using the effective interest method.
Assets, Liabilities and Equity
The bank’s total assets were valued at GH₵237,229,232,000 for the period, up from GH₵215,060,478,000 in 2024. Total liabilities also increased by GH₵57,121,129,000 from the GH₵276,384,482,000 recorded in the previous accounting period. Equity, however, saw a positive movement, rising to GH₵96,276,379,000 from GH₵61,324,004,000 the prior year.
Currency in Circulation
The report placed total currency in circulation — covering banknotes and coins held by the general public and financial institutions — at GH₵83,824,595,000, of which GH₵1,146,058,000 comprised coins and the remainder banknotes.
Among the notable trends in currency usage was a sharp decline in the circulation of the GH₵2 note, which fell dramatically from GH₵51,558,000 to just GH₵499,000 within a single year — suggesting a near-total phase-out of the denomination from everyday use.
Operational and Governance Gains
Beyond its financial performance, the report also highlighted progress on the bank’s operational and institutional fronts. These included the completion of the Resource Efficiency Audit and Carbon Footprint Accounting Project (REACP), designed to establish baselines for energy and water usage as well as waste management across the bank’s facilities, and the calculation of its carbon footprint. The bank also developed an Environmental Management System (EMS) Framework to manage the environmental impacts arising from its operations.
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