The Bank of Ghana (BoG) has strongly denied reports suggesting it is considering the sale of its newly constructed headquarters in Accra, after leaked source alleged the sale, describing the claims as false, misleading, and potentially harmful to public confidence in the country's financial system.
In a press release issued on Tuesday, June 2, 2026, the central bank responded to a publication dated June 1, 2026, titled "Bank of Ghana considering sale of new $260m headquarters – sources." The report alleged that the Bank was exploring a sale-and-leaseback arrangement involving its state-of-the-art headquarters, known as The Bank Square.
However, the Bank categorically rejected the claims, stating that no discussions, plans, or considerations are underway regarding the sale of the facility.
"The Bank of Ghana is not considering, discussing, or planning the sale of its new headquarters," the statement said. "The Bank Square was commissioned to support our operations and improve efficiency in the discharge of our statutory mandate. It remains a critical asset of the Bank."
The central bank cautioned that unverified reports of such nature could create unnecessary uncertainty and undermine confidence in Ghana's financial sector.
"We urge the public and the media to disregard this publication. Unverified reports of this nature have the potential to undermine public confidence in Ghana's financial system and create unnecessary market uncertainty," the statement added.
The BoG further reaffirmed its commitment to transparency and noted that all official communication relating to its operations is disseminated through verified channels, including its official website, authenticated social media platforms, communications from its Communications Department, and statements signed by the Secretary of the Bank.
The Bank also encouraged media organizations and journalists to seek clarification from the institution before publishing reports concerning its operations and strategic decisions.
The publication that triggered the response claimed, citing unnamed sources within the central bank, that current management, with government backing, was pursuing a "sale and leaseback" arrangement for The Bank Square as part of efforts to strengthen the Bank's balance sheet following recent operational losses.
The report further alleged that the proposal had generated divisions within the Bank's leadership, with some board members opposing the move while others reportedly supported it.
The Bank Square, which serves as the new headquarters of the central bank, officially replaced the Bank of Ghana's former headquarters after nearly seven decades of use. Construction of the facility commenced in 2019 and was completed under the previous administration. The complex was commissioned by former President Nana Addo Dankwa Akufo-Addo in November 2024, with the Bank officially relocating its operations to the facility in September 2025.
Spanning approximately 150,000 square metres, The Bank Square consists of seven interconnected structures, including the iconic 22-storey Tower, which rises to 100 metres and is currently recognized as Ghana's tallest building.
Reiterating its position, the Bank of Ghana urged the public to rely solely on information communicated through its official channels and disregard speculative reports regarding the future of the facility.