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 CAL Bank, has said. Following a directive from the Central Bank that banks should classify the BDCs debt as Non-Performing Loans (NPLs), and make provision for same, Mr. Owiredu believes it could push the NPLs … Read more