credit

News

The Slow-Motion Killer In the Banking System

There are growing concerns that the rising non-performing loan (NPLs) on the books of some banks in Ghana threatens...

News

Bad Bank Loans Hit SSNIT

Social Security and National Insurance Trust (SSNIT) is suffering from the knock-on effect of loans gone bad in the...

News

‘Falling Interest Rates Good For Financial Inclusion’

The steady interest rate decline in recent months, with a corresponding reduction in lending rates, augurs well for...

News

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...

News

Private Sector Accounts For 98% of Banks’ NPLs – BoG Report

The banking industry’s stock of Non-Performing Loans (NPLs), increased by 24.5 percent between April 2016 and April...

News

Small Scale Farmers, SMEs To Get Loans From Teacher Credit Union

Smallholder farmers at Akrofuom in the Obuasi municipality of Ashanti region will now have access to loans from the...

News

Minority To ‘vehemently’ Resist $2.4bn Bond If…

The Minority in Parliament will kick against the planned issue of a 15-year bond to clear energy sector debts if the...

Headlines

Young Chinese In the Red As Easy Credit Drives Up Debt

When Wu Qi and her husband traded in their Mazda 3 for a more expensive Mercedes Benz sedan, they applied for a 200,000...

News

Timing of Energy Bond Critical For Its Success – Prof. Bokpin

Economist, Professor Godfred Bokpin has told Citi Business News the seeming delay in the issuance of the energy bonds...

News

Modernising Ghana’s Business Laws

Business laws and regulations are made to protect consumers and uphold the integrity of commerce MODERNIZING GHANA’S...

Business

‘Give Loans To Qualified Applicants and the Credit Worthy’

Rural and Community banks (RCBs) should endeavour to offer credit to qualified persons as regards favouring...

Business

Fitch Review Demonstrates Confidence In Us

Finance Minister Ken Ofori Atta is attributing the change in Ghana's credit outlook by Fitch as a demonstration of...

News

School Feeding Caterers Besiege Gender Ministry Over Arrears

Scores of caterers for the National School Feeding program earlier this morning besieged the premises of the Ministry...

Business

BDCs Debt Could Push NPLs Beyond 20%

Banks could be facing further liquidity challenges as government delays in settling the BDCs debt, Philip Owiredu,...

News

Let Us Find A Way To Stop Borrowing

Let us find a way to stop borrowing Folks, did you all read this memo below from our new Finance Minister, Hon. Ken...

Business

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...

Business

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...

News

Non-Performing Loans Increased To GHc6.4bn

Non-performing loans (NPL) increased to GH¢6.4 billion in February 2017 from GH¢4.7 billion in February 2016,...

Business

15 Year Energy Bond Timely For Banks’ Rising NPLs – CAL Bank MD

Banks are optimistic of significant improvement in their non-performing loan portfolios as government initiates moves...