The Bank of Ghana (BoG) has firmly denied reports suggesting it is considering the sale of its newly commissioned headquarters, describing the claims as false and misleading.
In a statement issued on June 2, 2026, the central bank refuted a publication by MyJoyOnline which alleged, citing unnamed sources, that the Bank was exploring a sale and leaseback arrangement involving its new headquarters, The Bank Square.
“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,” the statement said.
According to the Bank, The Bank Square remains a strategic asset that plays a vital role in supporting its operations and enabling it to effectively carry out its statutory responsibilities.
The clarification follows a report claiming that discussions were taking place within the central bank and government regarding a possible disposal of the property as part of efforts to strengthen the Bank’s balance sheet after recent financial losses. The report further suggested that opinions among board members were divided over the alleged proposal.
However, the Bank of Ghana has rejected the claims outright, insisting that no such discussions are underway.
The central bank cautioned that the circulation of unverified information about its operations could undermine public confidence in the financial system and create unnecessary uncertainty in the market.
The Bank Square, commissioned in November 2024 and fully operational as the Bank’s headquarters since September 2025, was built 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 decades.
The issue has emerged amid ongoing public discussions about the Bank’s financial performance. In 2025, the central bank recorded a loss of GH¢15.6 billion, its second-largest loss since 2008, although officials noted that interventions during the year helped reduce the potential scale of the deficit.
While a sale and leaseback arrangement could have sparked debate about the disposal of a strategic national asset, the Bank’s latest statement leaves no ambiguity, stressing that it has no plans to sell the facility.
The Bank has urged the public to rely solely on information published through its official website, verified social media platforms, communications from its Communications Department, and statements signed by the Secretary to the Bank.