The Impact Of Activities Of The Bank Supervisory Department Of The Bank Of Chana

The study is an empirical analysis of the impact of regulation and supervision on the activities of Ghanaian banks with emphasis on the role of the Bank Supervisory Department (BSD) of the Bank of Ghana. It evaluates the roles and contributions of BSD to the Ghanaian banking sector. Extensive field survey and library research was carried out and data collected were subjected to thorough analysis. The analysis shows that the supervisory and regulatory framework of the BSD is not sufficient to guarantee effective banking practices in Ghana.There is need to also increase the awareness of banking activities within the general populace through a deliberate integration process aimed at demystifying certain inherent perceptions of depositors and non-depositors alike to rather see banks as the safest place to keep their funds.The study focuses also on the consolidation agenda of the Bank of Ghana and the processes, prospect and the challenges of consolidation.A questionnaire and Skype based research was adopted for the study and the data collated was tested using the chi-square analysis and supported by fundamental evidence from the database of the regulatory authorities.