Non-performing loan

Business

Bankers Upbeat About Nana Addo’s Private Sector Development Agenda

Players in the banking industry are upbeat about a turnaround in the sector with the assumption of office by President...

Top Stories

Bankers Upbeat About Nana Addo’s Private Sector Dev’t Agenda

Players in the banking industry are upbeat about a turnaround in the sector with the assumption of office by President...

Business

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...

Top Stories

Bankers Optimistic of Drop In NPLs By End of 2016

The impact of the high Non-Performing Loans (NPLs) on the books of commercial banks is set to reduce by the close of...

Business

Non-Performing Loans Hit GHC6.1 Billion

The latest Bank of Ghana (BoG) Financial Stability, report covering operations of bank’s for the first seven months...

Business

Banks Crave More Loan Restructuring Deals

Government’s decision to restructure Volta River Authority’s (VRA) debts has been well received by banks in the...

Business

NPLs Will Reduce Significantly Before End of Year

President of Ghana Association of Bankers (GAB) has indicated that Non-Performing Loans (NPL) of banks should reduce...

Top Stories

Bad Loans On Books of Banks Worsens, Local Companies Highest Defaulters

The new financial stability report of the Bank of Ghana (BoG) has revealed that Ghanaian companies are still the...

Business

Banks To Raise Cost of Lending

Cost of borrowing is expected to go up in the coming months as some commercial banks are planning to adjust their...

Politics

Restructuring of VRA Legacy Debts On Course

The Ghana Association of Bankers (GAB) says the ongoing restructuring of Volta River Authority (VRA) legacy debts on...

Business

BoG To Give Banks Time In Meeting Recapitalization

The Bank of Ghana(BoG) has disclosed that it will give commercial banks some space to meet a new capital reserve ratio...

Business

Banks Tighten Grip On Lending

With barely three months to general elections in Ghana, banks are cautious about extending credit to businesses and...

Top Stories

8 Banks On the Verge of Collapse – Bawumia

A former deputy Governor of the Bank of Ghana and the running mate of the NPP Dr. Mahamudu Bawumia has warned that...