In response to the crisis, BoG scrapped the 3 percent capital conservation buffer, effectively reducing the minimum Capital Adequacy Ratio from 13 percent to 10 percent. The central bank also permitted banks to phase in losses from cedi denominated government bonds into their regulatory capital over a four year period ending December 2025. The expiry of regulatory forbearance marks a return to normal supervisory standards that will test banks’ resilience without extraordinary support. The central bank’s approach balanced the need to preserve financial stability during the debt restructuring with ensuring that banks ultimately meet regulatory requirements without permanent relaxation of standards. BoG has announced comprehensive reforms to the microfinance sector that will see rural banks converting to community banks by March 31, 2026.