Ghanaian Banks Face High Asset Risks, Despite Solid Capital Buffers
High asset risks pose the biggest challenges for banks in Ghana, says Moody’s Investors Service in a report published today. “We expect asset risk for banks in Ghana to remain high over the coming quarters,” says Akintunde Majekodunmi, Vice President and Senior Analyst at Moody’s. “Nonperforming loans rose to 17.4% of total lending in December … Read more