The Bank of Ghana (BoG) has firmly refuted media reports suggesting it is considering the sale of its newly constructed headquarters, describing the claims as “false and misleading.”
In a strongly worded press release issued today, the central bank responded to a story published by MyJoyOnline on June 1, 2026, titled “Bank of Ghana considering sale of new $260m headquarters – sources.”
The BoG stated categorically that it is neither considering, discussing, nor planning to sell the facility.
“The facility, which was commissioned to support the Bank’s operations and enhance efficiency in the discharge of its statutory mandate, remains a critical asset of the Bank,” the statement read.
The new headquarters, reportedly costing around $260 million, was constructed to provide modern infrastructure for the central bank’s expanding operations.
The BoG emphasised that the building continues to play a vital role in supporting its core functions, including monetary policy implementation, banking supervision, and financial sector stability.
The central bank expressed concern over the potential impact of such unverified reports on public confidence. “Unverified reports of this nature have the potential to undermine public confidence in Ghana’s financial system and create unnecessary market uncertainty,” the release warned.
This swift rebuttal comes amid broader discussions about public asset management and government spending in Ghana.
The new BoG headquarters has previously attracted public attention and debate regarding its cost, especially during a period of economic challenges and fiscal restraint.
The Bank urged both the public and the media to disregard the publication and rely solely on official communication channels. It reiterated its commitment to transparency, noting that all official statements are disseminated through its website (bog.gov.gh), verified social media accounts, and formal press releases from the Communications Department or signed statements from the Secretary of the Bank.
Financial analysts say such rumours, even when debunked, can sometimes affect market sentiment, particularly in an environment where investor confidence is crucial for economic recovery. The BoG’s prompt response is seen by observers as an attempt to prevent any speculative fallout in the financial markets.
This is not the first time the central bank has had to address public speculation regarding its assets and operations.
In recent years, the BoG has faced increased scrutiny over various projects and financial decisions as Ghana navigates post-COVID economic recovery and inflation control measures.
The Bank encouraged media outlets to verify information directly with the institution before publication, underscoring the importance of responsible journalism in maintaining stability in the financial ecosystem.
As of now, the BoG has given no indication of any plans to dispose of or repurpose the new headquarters. The institution remains focused on its mandate of maintaining price stability, ensuring a sound financial system, and promoting sustainable economic growth.
