Banks To Reduce Loan Defaults As It Intensifies Search For Collaterals
Banks have intensified their search for collaterals from businesses and loan applicants in a bid to reduce growing number of non-performing loans (NPLS) in the banking sector that had hit GH¢ 6.2 billion as of December 2016. The move is to tighten the loose ends in the loan application process that has seen the banking … Read more