Banks’ Loans To Private Sector Increase By 45% In April – BoG Report
Banks have begun easing out their stance on credit to the private sector following declining interest rates. The Bank of ...
Tag: Banking and insurance in Iran
No Bank Must Be Left Behind In Recapitalization Policy
The Chartered Institute of Bankers (CIB) is urging the Central Bank to consider a tiered recapitalization policy that will enable ...
BoG Sets GHc200m Capital For Banks
The Bank of Ghana is set to increase the minimum capital of banks from GH¢120 million to GH¢200 by July ...
Recapitalization As A Means of Transforming Ghana’s Banking Sector
The Ghanaian banking system is growing at a fast pace with the number of commercial banks increasing each year. Most ...
High NPLs Threaten BoG’s Minimum Capital Drive
The Institute for Fiscal Studies (IFS) has said the new central bank governor, Dr. Ernest Addison, must ensure the issue ...
High NPLs Threaten BoG Minimum Capital Drive
The Institute for Fiscal Studies (IFS) has said the new central bank governor, Dr. Ernest Addison, must ensure the issue ...
BoG Directs Weak Banks To Submit Recapitalisation Plans
The Bank of Ghana (BoG) has directed banks with minimum capital below industry levels to, as a matter of urgency, ...
Interest On Car Loans Hits 35%
The average interest on vehicle loans offered by commercial banks has reached 35 percent as at the end of February ...
Average Interest On Car Loans Hits 35%
The average interest on vehicle loans offered by commercial banks has reached 35 percent as at the end of February ...
Stanchart Offers Lowest Base Rate As Lending Rates Drops
The latest data on Annual Percentage Rates (APR) of interest charged on loans and credit advances and the Average Interest ...
As Banks Swerve Merger Moves What Next?
Ghana is a nation of 26million inhabitants, with a Gross Domestic Product (GDP) of almost US$35billion, and a universal bank ...
Central Bank Releases Data On APR and AI On Deposits
The Bank of Ghana has, today, released its latest data on Annual Percentage Rates (APR) of interest charged on loans ...
Savings Deposits Surpass Fixed Deposits
Growth of demand deposits (current and savings accounts) grew more than time or fixed deposits as at the end of ...
91-Day Bill Yield Falls To 16.4%
The yield on the Bank of Ghana’s weekly 91-day bill fell to 16.4281 percent at an auction on Friday December ...
Annual Percentage Rates of Interest Hits 28%
The Bank of Ghana has released its latest data on Annual Percentage Rates (APR) of interest charged on loans and ...
APR of Interest Hits 28%- BoG
The Bank of Ghana has released its latest data on Annual Percentage Rates (APR) of interest charged on loans and ...
Finatrade Faces Imminent Liquidation
A commodity trading company, Finatrade, is said to have begun series of job cuts in anticipation of an eventual liquidation ...
Criticisms of Dollar Denominated Bond Misplaced-BoG
The Bank of Ghana(BoG) has refuted claims that the issuance of dollar denominated bond in the country will drain dollar ...
No Bonuses For Banks Staff As Mounting Debts Trigger Write-Offs
Staff of universal banks will be denied their bonuses this year as rising Non- performing loans in the sector crossed ...
Bankers Warn Government Against Capping Interest Rates
Some bankers have warned any move by Government to cap interest rates in Ghana will end in a disaster. Banking ...