Financing Gaps Reducing Potentials of SMEs – Consultant
Mr Mawuko Williams, a Consultant with the Frankfurt School of Finance and Management, on Monday said huge financing gaps were ...
Tag: credit
The Slow-Motion Killer In the Banking System
There are growing concerns that the rising non-performing loan (NPLs) on the books of some banks in Ghana threatens their ...
Bad Bank Loans Hit SSNIT
Social Security and National Insurance Trust (SSNIT) is suffering from the knock-on effect of loans gone bad in the banking ...
‘Falling Interest Rates Good For Financial Inclusion’
The steady interest rate decline in recent months, with a corresponding reduction in lending rates, augurs well for government’s quest ...
Banks’ Loans To Private Sector Increase By 45% In April – BoG Report
Banks have begun easing out their stance on credit to the private sector following declining interest rates. The Bank of ...
Private Sector Accounts For 98% of Banks’ NPLs – BoG Report
The banking industry’s stock of Non-Performing Loans (NPLs), increased by 24.5 percent between April 2016 and April 2017, the Bank ...
Small Scale Farmers, SMEs To Get Loans From Teacher Credit Union
Smallholder farmers at Akrofuom in the Obuasi municipality of Ashanti region will now have access to loans from the Akrofuom ...
Minority To ‘vehemently’ Resist $2.4bn Bond If…
The Minority in Parliament will kick against the planned issue of a 15-year bond to clear energy sector debts if ...
Young Chinese In the Red As Easy Credit Drives Up Debt
When Wu Qi and her husband traded in their Mazda 3 for a more expensive Mercedes Benz sedan, they applied ...
Timing of Energy Bond Critical For Its Success – Prof. Bokpin
Economist, Professor Godfred Bokpin has told Citi Business News the seeming delay in the issuance of the energy bonds may ...
Modernising Ghana’s Business Laws
Business laws and regulations are made to protect consumers and uphold the integrity of commerce MODERNIZING GHANA’S BUSINESS LAWS: The ...
‘Give Loans To Qualified Applicants and the Credit Worthy’
Rural and Community banks (RCBs) should endeavour to offer credit to qualified persons as regards favouring unqualified, but related applicants, ...
Fitch Review Demonstrates Confidence In Us
Finance Minister Ken Ofori Atta is attributing the change in Ghana's credit outlook by Fitch as a demonstration of confidence ...
School Feeding Caterers Besiege Gender Ministry Over Arrears
Scores of caterers for the National School Feeding program earlier this morning besieged the premises of the Ministry for Gender, ...
BDCs Debt Could Push NPLs Beyond 20%
Banks could be facing further liquidity challenges as government delays in settling the BDCs debt, Philip Owiredu, Executive Director at ...
Let Us Find A Way To Stop Borrowing
Let us find a way to stop borrowing Folks, did you all read this memo below from our new Finance ...
High NPLs Threaten BoG’s Minimum Capital Drive
The Institute for Fiscal Studies (IFS) has said the new central bank governor, Dr. Ernest Addison, must ensure the issue ...
High NPLs Threaten BoG Minimum Capital Drive
The Institute for Fiscal Studies (IFS) has said the new central bank governor, Dr. Ernest Addison, must ensure the issue ...
Non-Performing Loans Increased To GHc6.4bn
Non-performing loans (NPL) increased to GH¢6.4 billion in February 2017 from GH¢4.7 billion in February 2016, according to the latest ...
15 Year Energy Bond Timely For Banks’ Rising NPLs – CAL Bank MD
Banks are optimistic of significant improvement in their non-performing loan portfolios as government initiates moves to clear all outstanding debts ...