Banks Blame Economy For Drop In Demand For Home Loans
Banks, offering mortgage loans, have blamed the general slowdown in economic activities and a weak purchasing power among Ghanaians, as ...
Tag: loans
Demand For Mortgages Decreases
New figures released by the Bank of Ghana (BoG) reveal demand for loans for house purchase by customers of banks ...
Interests On Mortgage Loans Hit 31.5%
Ghana’s quest to reduce the almost 2 million housing deficit may take a long time as interest on mortgage loans ...
US$60 Million Loan Agreement Will Sink ECG – Akoto Osei
A loan worth 60 million dollars being procured by the government of Ghana for the Electricity Company of Ghana has ...
Parliament Approves Four Loans Within 2 Hours
Four loans sent to Parliament by government have been approved by the 275-member body. Parliament, which is expected to break ...
Govt’s Intention To Mortgage Gas Reserve Not Ideal
Energy expert, Kojo Poku says government’s intention to mortgage Ghana’s gas reserve with China for a Chinese loan is unjustifiable. ...
Govt’s Intention To Mortgage Gas Reserve Not Ideal – Energy Expert
Energy expert, Kojo Poku says government’s intention to mortgage Ghana’s gas reserve with China for a Chinese loan is unjustifiable. ...
Interest Payments Expenditure Worrying – Minority
A member of the Finance Committee of Parliament, Dr. Mark Assibey-Yeboah has questioned the GH¢1.9 billion to be expended on ...
Ghana Will Be In A State of Economic Hopelessness 2017 – Economist
An Economist and Member of Parliament (MP) for New Juaben South, Dr. Mark Assibey-Yeboah, is cautioning Ghanaians not to expect ...
Savings & Loans Companies Hold 6th Annual General Meeting On Thursday
The Ghana Association of Savings and Loans Companies (GHASALC) will be holding its 6th Annual General Meeting (AGM) at the ...
Graduate Joblessness Scares Students From Loan Scheme
Aside the difficulty in getting guarantors, students are running away from the Students Loan Scheme due to rising graduate unemployment, ...
About 2,000 Traders Get Boost From Capital & More To Expand
About 2,000 traders in Accra who would have found it extremely difficult to access credit facility from banks, have been ...
Interest Rates Killing Businesses, Suffocating Consumers
Ghana's current policy rate set by the Bank of Ghana is 26 per cent. Such a rate may be considered ...
Loan Applicants Cautioned Over Fake, Forged Documents
President of Groupe Ideal, a leading financial institution in Ghana, Dr. Nii Kotei Dzani, has cautioned loan applicants to desist ...
Loan Applicants Cautioned Over Fake & Forged Documents
President of Groupe Ideal, a leading financial institution in Ghana, Dr. Nii Kotei Dzani, has cautioned loan applicants to desist ...
Housing Finance Can Be Cheaper – Banker
Long-term funds could drastically reduce the cost of mortgages, Head of Commercial Banking at Stanbic Bank, Abdul-Jaleel Hussein, has said, ...
Delay In Payment of Contractors Affecting Local Economy
Government’s delay in the payment of contractors is affecting many local businesses including the loans recovery rate of the Wa ...
Interest Rate Hits 33 Per Cent
The average lending rate of banks has hit 33 percent as at the end of August this year, the highest ...
Interest Rate Jumps To More Than A Decade High
The average lending rate of banks has hit 33 percent as at the end of August this year, the highest ...
Claims of Approval of Unauthorised Loans At GCB False
The GCB Bank has dismissed as complete fabrication, publications that its officials have granted some unauthorized loans to some individuals ...