Tag: Attractive mortgages
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Lack of attractive mortgages to blame for NPLs in construction sector – GREDA
The Ghana Real Estate Developers’ Association (GREDA), is attributing the high Non-Performing Loans (NPLs) in the construction sector to the lack of attractive mortgages in the country. Data from the Bank of Ghana shows that repayment challenges associated with COVID-19 were paramount last year, with the NPL ratio in the banking sector increasing from 15.5…