Unreasonable contest from liberation and widespread financial practices can incite bankruptcy and insecurity of the business as banks succumb to moral peril, data imbalance and seek after less secure systems to prepare more stores. World Bank (2014) showed that with Gross domestic product of USD 38.62 billion and populace of 26.79 million, Ghana could flaunt 29 widespread banks though Nigeria had Gross domestic product of USD 568.5 billion, populace of 177.5 million and 22 general banks. Beck (2008) and Claessens (2009) believed the need of limiting contest in the financial framework to support strength since excessive rivalry could bring about weakness to fundamental gamble (Allen and Hurricane, 2004; Carletti and Hartmann, 2003). The energy emergency that plagues Ghana antagonistically influences monetary development coming full circle in expanding functional expenses, declining business pay and benefit (Adom, 2011; Anane, 2015; Andersen and Dalgaard, 2012; CEPA, 2007). The 2012-2016 energy emergency added to decrease in genuine Gross domestic product development rate from 8.8% in 2012, 7.3% in 2013, 4% in 2014 to 3.9% in 2015. Banking industry working resources dropped to 19% in 2015 from 38% in 2014 (Anane, 2015, PwC, 2016). Increasing normal expansion rates from 9.1% in 2012, 11.5% in 2013, 15.5% in 2014 to 17.1% in 2015 combined with deterioration of the cedi and lopsided characteristics in other macroeconomic factors obstruct improvement of the financial area. Athanasoglou, Brissimis and Shops (2005), Kosmidou, Pariouras and Tannz (2005), Kutsienyo (2011) and Sibindi and Bimba (2014) archived exact proof of Gross domestic product development influencing emphatically on the financial area and rising expansion unfavorably influencing banking area development. IMF (2011) detailed the chance of unfortunate resource nature of Ghanaian banks ought to the macroeconomic imbalanced wait on. The 70% development on non-performing credits from 2015 to 2016 is unfortunate for bank benefit, dissolvability and financial turn of events (Marsh, 2016, IMF, 2016). Baabereyir (2009) and Ngwa (2010) believed that credit risk is the main gamble banks are vulnerable to and Ghanaian banks are no special case. Arrangement of versatile cash administrations by media transmission organizations is seen as a danger by 55.6% of Ghanaian banks in the 2016 financial overview. While portable cash balance on float grew multiple times from 2012 to 2015with exchange volume of 266.3 million, customary bank stores became by 116% from GHS 19.6 billion to GHS 42.2 billion for a similar period. Banks dread telecom organizations are contenders rather than accomplices in the goal of monetary consideration (Swamp, 2015; PwC, 2016). End Banks are key to monetary development. Sound guideline and management of the financial business is influential for cross country advancement (Allen and Carletti, 2008; Singh, 2010). Execution of regulative and underlying changes repositioned the Ghanaian financial area from chapter 11, credit proportioning, low monetary intermediation, cash-overwhelmed framework and loan fee controls to a market-based framework. Changes fortified the independence of the national bank to form procedures, upgraded contest, prompting a very much promoted and productive industry directed by local and reception of global accepted procedures. Utilizing on innovation, expansion of electronic financial administrations and items and the anticipation of banking areas of non-industrial nations outperforming those of created nations, Ghanaian bank entrance is projected to increment to rope in the unbanked people, address issues of high loaning rates to moderate the dangers inclined toward the area. Suggestion To tackle the ideal potential for improvement, the national bank ought to order banks and media transmission organizations to team up to help rope in the unbanked people which has positive ramifications on financial security and macroeconomic turn of events (Mehrotra and Yetman, 2015; Burgess and Pande, 2005; Levine, 2005).>