The Bank of Ghana (BoG) has firmly refuted reports suggesting it is considering the sale of its newly commissioned headquarters, describing the claims as false, misleading, and without basis.
In a statement issued on June 2, 2026, by the Communications department of the Central bank, BoG rejected a report that the Bank was exploring a sale-and-leaseback arrangement involving its new headquarters, The Bank Square.
According to the Bank, no discussions, plans, or considerations are underway regarding the sale of the facility.
“The Bank of Ghana categorically states that this report is false and misleading. The Bank is not considering, discussing, or planning the sale of its new headquarters,” an excerpt of the statement said.
The Bank emphasized that ‘The Bank Square’ remains a strategic asset that plays a critical role in supporting its operations and enhancing its ability to effectively carry out its statutory mandate.
The clarification follows a claim that discussions were taking place within the central bank and government circles over a possible disposal of the property as part of efforts to strengthen the Bank’s balance sheet following recent financial losses. The report further suggested that members of the Bank’s board held differing views on the alleged proposal.
However, the Bank of Ghana has dismissed the claims in their entirety.
It cautioned that unverified reports concerning its operations have the potential to undermine public confidence in the financial system and create unnecessary uncertainty within the market.
The Bank Square was commissioned in November 2024 and officially became the central bank’s operational headquarters in September 2025. Constructed at a reported cost exceeding US$260 million, the facility was presented as a long-term investment designed to support the institution’s operations for generations.
The matter has attracted public attention against the backdrop of ongoing discussions about the Bank’s financial position. The central bank recorded a loss of GH¢15.6 billion in 2025, its second-largest loss since 2008, although officials maintain that the figure was significantly reduced through a series of balance-sheet interventions.
While any potential sale-and-leaseback arrangement would likely have sparked considerable debate over the disposal of a strategic national asset, the Bank’s latest statement leaves little room for speculation.
The Bank of Ghana has therefore urged the public to rely solely on information published through its official communication channels, including its website, verified social media platforms, statements from its Communications Department, and releases signed by the Secretary to the Bank.
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