Banking Industry: Bank’s stock of NPL increase to GHS 8.9bn; profit-after-tax rise to GHS 2.4bn Read more
As central banks around the world investigate the introduction of a CBDC, one concern raised repeatedly is that the move could make runs on banks more frequent or more severe. However, in an OFR working paper, Todd Keister and Cyril Monnet argue that banks would lower their maturity mismatch when depositors have access to CBDC, reducing their exposure to depositor runs. Read more
StanChart impacts lives of 10,000 Ghanaian girls as it celebrates 5th anniversary of GOAL project Read more
Ecobank Group delivers strong performance during the first half of 2022 and increases Profit Before Tax by 24% Read more