| The Bank Square | |
|---|---|
 The Bank Square in 2024 | |
| General information | |
| Status | Completed |
| Town or city | Accra, Ghana |
| Completed | 2024 |
| Opened | 20 November 2024 |
| Cost | $250 million |
| Owner | Bank of Ghana |
| Technical details | |
| Floor area | 150,000 sq m |
| Design and construction | |
| Main contractor | Goldkey Properties |
The Bank Square is the head office complex of the Bank of Ghana, located in Accra. It was designed by David Adjaye and constructed by Goldkey Properties. The Bank Square was inaugurated in 2024 to replace the former headquarters of the Bank of Ghana.
Plans for a new headquarters had been made in the 1990s. The unsafe condition of the old headquarters necessitated the construction of the complex. Construction began in 2021 until completion in 2024. The Bank Square constitutes seven structures of which The Tower is Ghana’s tallest building reaching 100 meters with 22 floors
Background
[edit]In August 2023, the Bank of Ghana (BOG) made a statement to justify the construction of a new headquarters. After structural integrity assessment, the BOG stated that the old headquarters dated to the 1960s, was vulnerable especially in the case of disasters such as tremors.[1][2]
Within that month, the Governor of the bank of Ghana, Ernest Addison, explained in a press conference that plans for rebuilding a new head office dated back to the 1990s. In 2018, vacant land belonging to the SIC Insurance Company at ridge was acquired by the BOG and an Executive Instrument was issued by the government to authorize the acquisition. In 2019, the decision was made to begin construction of the new headquarters.[3] The contract was awarded in 2020 as the contractor commenced construction in 2021.[4] The project was met with mixed reaction as minority in parliament opposed the project. Progress stood at 41% by August 2023.[5] The headquarters was commissioned in November 2024 and officially named as The Bank Square.[6]
Architecture
[edit]David Adjaye handled the design while Goldkey Properties delivered the construction.[7][8][9] The Bank Square is made up of 7 structures covering 150,000 square meters.[10] One of such structures is The Tower which became the tallest building in Ghana rising at 100 meters with 22 floors upon completion in 2024.[11][12] The 9-storey Urban Block, located within the complex, hosts a solar canopy which powers the entire complex.[11] The Bank Square was built at a cost of $250 million. [13]
References
[edit]- ^ "BoG new head office 41% completed; to be finished in Sept. 2024". gbcghanaonline. 2023-08-10. Retrieved 2025-08-18.
- ^ Welsing, Kobina (9 August 2023). "BoG justifies $250m new HQ; says current office cannot withstand earthquakes". Citi Newsroom. Retrieved 18 August 2025.
- ^ Gyesi, Zadok Kwame (21 August 2023). "No procurement law was flouted in new BoG head office project - Governor". Graphic Online. Retrieved 18 August 2025.
- ^ "What to know about new BoG Head Office [Full details]". Citi Newsroom. 2023-08-22. Retrieved 2025-08-18.
- ^ "BoG new head office 41% completed; to be finished in Sept. 2024". Citi Business News. 2023-08-22. Retrieved 2023-08-23.
- ^ Setordjie, Ivy (20 November 2024). "BoG unveils Bank Square: A new era in Ghana's financial landscape". Myjoyonline. Retrieved 18 August 2025.
- ^ "'Goldkey's construction of Bank Square affirms capabilities of local businesses'". Ghanaiantimes. 2024-11-25. Retrieved 2025-08-18.
- ^ "The Bank Square is a symbol of the nation's progress, resilience – BoG Governor". myjoyonline. 2024-11-21. Retrieved 2025-08-18.
- ^ "Bank Square: Gabby commends Ghanaian contractors behind Ghana's tallest building". Graphic Online. 2024-11-21. Retrieved 2025-08-18.
- ^ "All you need to know about the new Bank of Ghana Headquarters". Graphic Online. 2024-11-21. Retrieved 2025-08-18.
- ^ a b "The Bank Square: Ghana's Architectural Marvel Shaping the Future of Financial Infrastructure". Africans column. Retrieved 2025-08-18.
- ^ "'The Bank Square': Akufo-Addo commissions Ghana's tallest building". Ghanaweb. 2024-11-20. Retrieved 2025-08-18.
- ^ "Bank of Ghana to commission new $250 million headquarters on November 20". Graphic Online. 2024-11-13. Retrieved 2025-08-18.