The Bank of Ghana has strongly denied reports suggesting that it is considering the sale of its newly commissioned headquarters, describing the claims as “false and misleading.”
In a statement issued on Tuesday, June 2, the central bank dismissed media reports alleging that discussions were underway regarding the disposal of the facility, popularly known as The Bank Square, which reportedly cost over US$260 million to construct.
According to the Bank, there are no plans, discussions, or considerations to sell the building.“The Bank is not considering, discussing, or planning the sale of its new headquarters,” the statement emphasised.
The BoG explained that the headquarters remains a critical asset that supports its operations and enhances efficiency in carrying out its statutory mandate as Ghana’s central bank.
The clarification follows reports that the Bank was exploring a possible sale-and-leaseback arrangement to strengthen its balance sheet after recording significant financial losses in recent years. However, the BoG has categorically rejected those claims and urged the public to disregard the reports.
The Bank further warned that unverified publications concerning its operations could undermine public confidence in Ghana’s financial system and create unnecessary uncertainty in the market.
BoG reiterated its commitment to transparency and advised the public to rely only on information communicated through its official channels, including its website, verified social media accounts, and authorised press statements.
The new headquarters, commissioned in 2024 and fully operational since 2025, serves as the central hub for the Bank’s activities and remains an important part of its long-term operational strategy.
