
Ghana's Central Bank continues in its effort to sanitize the banking sector. Notably, among some obvious sanctions it has carried out the mandatory takeover of two private-owned banks: Capital bank and UT bank back by the state-owned Ghana Commercial Bank under the authorization of the Bank of Ghana in 2017. Other activities have been carried out by Ghana's Central Bank yet, the sector still needs some stability Currently, Ghana's banking sector is unstable though its prospect looks good in the too long future.