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Reduce lending rates to reflect fall in inflation – BoG to banks

The Bank of Ghana has entreated commercial banks to lower lending rates at a time macroeconomic performance of the nation, including inflation, is improving. Elsie Addo Awadzi,...

Business

Banks urged to focus on risk management, disclosure, others

Institutions in the banking sector have been entreated by the Central Bank to focus on strategies such as risk management, innovation, stakeholder engagement,...

Business

DDEP drags banks into heavy debt

Prior to the Bank of Ghana's deadline of April 30, 2023, local banks have started releasing their 2022 Financial Statement. However, their profitability situation has...

Business

23 banks in Ghana will continue to lose GH6.1 bn – DDEP analysis

About 23 banks in the country are projected to lose about GH¢6.1 billion as a result of the reduced coupon rate and the extension...

Business

Fitch Solutions predicts instability of banks in 2023 over DDEP

According to Fitch Solutions, the restructuring of domestic debt would have a significant impact on banks in 2023. The Domestic Debt Exchange Programme (DDEP), according...

Business

9 banks may go bankrupt as result of domestic debt exchange – Report

The impact of the Domestic Debt Exchange Plan on the operations of nine Ghanaian banks could render them insolvent if the International Financial Reporting...

Business

Bloomberg: Banks in Ghana plan for $427 million of losses amid debt restructuring

Ghana’s move to restructure its local currency and overseas debt is weighing on banks from Africa to the UK. Four of Africa’s biggest lenders —...

Independent Africa

Banks slash travel allowance over dollar shortage

In response to a deepening foreign exchange crisis, Deposit Money Banks have reduced the amount of Personal Travel Allowance and school fees that its...

Independent Africa

Banks at Ogun set on fire over naira shortage

At least three banks were torched on Monday as protest over scarcity of new naira notes rocked the Sagamu area of Ogun State. According to...

Business

8 banks engaged in government business may be hard hit by debt exchange program – Report

According to reports, the country's debt exchange programme may be especially harmful to eight banks. Some of the investments made by the banks whose names...

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Pin Up Casino — Официальный портал и альтернативные способы доступа к игровой платформе через зеркальные сайты (2025)

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