BoG reports 184% increase in bad debt for banks in 2022
Ghana’s banking sector is facing significant challenges in light of the rising levels of non-performing loans…
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Banks
Dr. Addison assures banks of exclusive liquidity…
The Bank of Ghana and the Ghana Financial Stability Fund are taking measures to ensure the stability of the…
DDE shrinks banks’ investments in Gov’t securities by 4.8%
Total investments by banks in government securities contracted by 4.8% to GH¢79.2 billion in December 2022, says…
Capital Adequacy Ratio of banks shrink by 3.3%
Capital Adequacy Ratio (CAR) of banks in the country shrunk by 3.3% at the close of December last year.…
Banks withdraw FX support to importers of rice, chicken,…
Reports indicate that banks in the country have withdrawn foreign exchange (particularly dollars) support to…
Dollar demand outstrips supply by $79.75m in forex auction;…
Demand for the greenback by banks, Importers and exporters and other businesses, surpassed that supplied by…
Banks have failed farmers; gov’t to introduce law to compel…
The Minister of Food and Agriculture, Dr Owusu Afriyie Akoto has revealed that the government will soon introduce a…
E-levy: Finance Ministry re-clarifies transactions to be…
The Finance Ministry has re-clarified transactions that will be affected by the Electronic Transaction…
Banks’ year on year profitability growth have declined
Banks’ year on year profitability growth have declined recording 22.1 percent or GHC7.4 billion compare with 27.2…
Bank of Ghana Directs Banks to Re-Register Customers with…
The inexplicable agenda of the Akufo-Addo administration to make the Ghana Card the only transactional ID in the…
Banks prepare to slash interest rates for Customers
In the next couple of months, universal banks operating in the country are expected to slash their respective…