Banks’ bad debt surges by 36.4% to GHS 2.41bn at end-August… Rhema Oct 23, 2023 Banks have reported a substantial increase in bad debt amounting to ¢2.416 billion in the first eight months of…
Fear of regulatory backlash keeps banks silent on debt… SpyDa Jul 10, 2023 In a recent discussion on NorvanReports’ Twitter Space Conversation, the Dean of the Business School at the…
Research shows about 16 Banks will experience additional… SpyDa Jul 6, 2023 According to research conducted by Dr. Richmond Atuahene and K.B. Frimpong, approximately 16 banks are expected to…
Government, Banks agree to Restructure GHS 15bn of Cocoa… SpyDa Jun 28, 2023 The government has reached an agreement with banks to restructure GHC15 billion (US$1.36 billion) of locally issued…
Nigeria mobile operators to bar text service for banks over… Rhema May 16, 2023 Mobile-phone operators in Nigeria including MTN Group Ltd. and Airtel Africa Plc will stop providing dedicated text…
AZA Finance Publishes Report on How Banks, Regulators, and… SpyDa May 10, 2023 Today, AZA Finance released a brief unveiling critical insights in the Ghanaian fintech landscape, emphasising the…
DDE: Banks to further lose GHS 6.1bn in liquidity after… Rhema Apr 25, 2023 The recent analysis of the Domestic Debt Restructuring in Ghana has revealed that the country’s 23 banks will incur…
DDE: Banks face continued losses in 2023, says finance… Rhema Apr 19, 2023 Normal 0 false false false EN-US X-NONE X-NONE!-->…
BoG gives banks four year ultimatum to restore minimum… Rhema Apr 18, 2023 The past few years have been tumultuous for Ghana’s banking industry, with the country’s central bank implementing…
Nigerian banks report widespread losses on Ghanaian bonds… Rhema Apr 18, 2023 Nigerian banks recorded massive losses on their investments in Ghanaian Bonds resulting in some of the delays we…
IMF predicts that Banks could cut down on lending SpyDa Apr 12, 2023 There could be contraction in lending by financial institutions, as a result of financial turbulence the world…