Banks urged to boost loans for women-led businesses
Banks have been urged to break away from long-standing lending biases and extend more credit to women and women-led enterprises, a…
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credit
Private sector credit contracts by 7.5% in October, reflecting banks’…
Private sector credit contracts by 7.5% in October, reflecting banks’ caution amid macroeconomic challenges
The Bank of Ghana…
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…
Top 10 African countries with the highest credit ratings
Similar to when individuals borrow money to meet their needs, countries sometimes take loans to advance development within their…
Cost of credit falls marginally, as average lending rate pegged at 20.51% –…
Despite concerns that the cost of loans is very high, average lending rate fell by 0.11% from June 2021 to 20.51% in August 2021.…
Credit to private sector contracts in 2nd quarter 2021-BoG
Deposit Money Banks’ (DMB) credit to the private sector contracted marginally by 1% during the second quarter of 2021 says a Bank…
Afram Community Bank to increase credit support to farmers
The management of Afram Community Bank (ACB) has reiterated its commitment to give credit to farmers with warehouse receipts from…