The Association of Microfinance Institutions has applauded the Bank of Ghana (BoG) for publishing the list of licenced microfinance institutions in the country. In a move by BoG to guide customers in...
Mr Mawuko Williams, a Consultant with the Frankfurt School of Finance and Management, on Monday said huge financing gaps were reducing the job creation potentials of Small and Medium Scale...
Banks’ interests on car loans drop to 31.1 % in June The latest Annual Percentage Rates (APR) and Average Interest (AI) report by the Bank of Ghana shows that Unibank offers the highest rate on...
There are growing concerns that the rising non-performing loan (NPLs) on the books of some banks in Ghana threatens their existence and depositor’s funds. There is the need for immediate enhanced...
Social Security and National Insurance Trust (SSNIT) is suffering from the knock-on effect of loans gone bad in the banking sector, due to its large shareholding in the sector. With equity stake in...
Sales of existing homes rebounded in May after April's surprise dip, and prices edged higher, according to industry figures released Wednesday. The National Association of Realtors said strong demand...
The steady interest rate decline in recent months, with a corresponding reduction in lending rates, augurs well for government’s quest to deepen financial inclusion in the country, CEO of...
MEMBER of Parliament (MP) for Jomoro constituency in the Western Region, Mr. Paul Essien, will soon be dragged before court, Today can report. The intended move, which will be initiated by Mr....
The banking industry’s stock of Non-Performing Loans (NPLs), increased by 24.5 percent between April 2016 and April 2017, the Bank of Ghana’s latest banking sector report has shown. The...
Business laws and regulations are made to protect consumers and uphold the integrity of commerce MODERNIZING GHANA’S BUSINESS LAWS: The case for replacing the Borrowers and Lenders Act with a...
Banks could be facing further liquidity challenges as government delays in settling the BDCs debt, Philip Owiredu, Executive Director at CAL Bank, has said. Following a directive from the Central...
The Bank of Ghana (BoG) is engaging directors of ASN Financial Services Limited, a licensed Finance House, to find an amicable solution to the troubled indigenous institution. The company, which...
Government, will from the beginning of the next academic year –2017/2018, increase the amount of loans that tertiary students are eligible to take for a period of two semesters, by 50 percent....
Let us find a way to stop borrowing Folks, did you all read this memo below from our new Finance Minister, Hon. Ken Ofori Atta dated 3rd April 2017. And this is supposed to be good news, right? We...
Government, will from the beginning of the next academic year –2017/2018, increase the amount of loans that tertiary students are eligible to take for a period of two semesters, by 50%. Currently,...
Dr. Kobby Mensah, marketing lecturer at the University of Ghana Business School says Parliament should consider the setting up of a financial Ombudsman with the legal powers to mediate between...
The Institute for Fiscal Studies (IFS) has said the new central bank governor, Dr. Ernest Addison, must ensure the issue of high non-performing loans within the banking industry is dealt with...
The Institute for Fiscal Studies (IFS) has said the new central bank governor, Dr. Ernest Addison, must ensure the issue of high non-performing loans within the banking industry is dealt with...
The new management of the Social Security and National Insurance Trust (SSNIT), appears disinterested in a whopping GH¢477.3 million loan it granted to eight public and private institutions and...
The new management of the Social Security and National Insurance Trust (SSNIT), appears disinterested in a whopping GH¢477.3 million loan it granted to eight public and private institutions and...
