Ghana’s economic recovery to drive banking sector turnaround – Fitch
The banking sector in Ghana is projected to experience significant improvements in the coming years as the country recovers from…
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Bank loans to female borrowers increase by 116%; decrease by 15.9% to male…
Per the Q4 2023 Collateral Registry report by the Bank of Ghana, the gender distribution of secured loans shows that secured loans…
Outstanding credit to private sector stands at GHS 65.9bn as at end-August…
Per the September 2023 Monetary Policy Committee (MPC) report issued by the Bank of Ghana, outstanding credit extended to the…
Banking industry grapples with soaring NPLs at 20%
Ghana’s banking sector is facing a concerning rise in non-performing loans, reaching a peak of 20% of all loans, a level not seen…
Banking sector stable, assets increase to GH¢244.7bn
Data from the Bank of Ghana indicated that the banking sector remained stable as the industry’s total assets increased to GH¢244.7…
Recapitalisation of BoG must be prioritised — Banking expert
Banking Consultant and Expert Dr Richmond Atuahene has advised the government to prioritise the recapitalisation of the Bank of…
BoG cautions public against 97 illegal loan Apps
The Bank of Ghana (BoG) is cautioning the public against patronizing the services of some 97 illegal mobile apps mainly on Google…
Fidelity Bank launches action plan to promote gender-inclusive banking
Fidelity Bank Ghana has launched a five-year plan to promote gender inclusion in accessing financial services.
The Gender…
Inlaks Outdoors Ultramodern Hyosung ATMs to Revolutionise Banking
Inlaks, a foremost ICT infrastructure and systems integrator in Sub-Saharan Africa, and its partner Hyosung TNS have unveiled five…
Fraud costs banking industry US$67bn annually
The boom in digital payment platforms and digital banking systems have come with its own risks and cost to the financial industry.…