Non-Performing Loans increase by 36% in February 2017
The latest Banking Sector Stability Report by the Bank of Ghana has shown that Non-Performing Loans (NPLs) of banks increased ...
Tag: Bank of Ghana
We have arrested falling cedi – Bawumia
The Vice President Dr. Mahamudu Bawumia says the government has been able to arrest the free fall of the cedi ...
Average interest on car loans hits 35%
The average interest on vehicle loans offered by commercial banks has reached 35 percent as at the end of February ...
Stanchart offers lowest interest on customers’ deposits – BoG report
Standard Chartered Bank has been named as the bank with the lowest interest on customer deposits. According to the Bank ...
Investors begin ditching TBills as rates hit low levels
Investors have begun ditching treasury bills and now exploring other investment instruments in the country over the continuous significant decline ...
Lack of data dragging payments for Tier 2 pension claims
Some practitioners in the pensions industry have blamed the lack of accurate data for the increased controversies surrounding the management ...
ADB IPO takes off, pegs price at 2 cedis 65 pesewas
The Agricultural Development Bank (ADB), has re-launched its Initial Public Offer (IPO) after failing to successfully complete the process a ...
Fidelity Bank is 10; eyes acquisition of ‘smaller’ banks
Indigenous bank, Fidelity, has disclosed plans that it will consider acquiring smaller banks as the Bank of Ghana reviews its ...
BoG to release new guidelines on mobile financial services
The Bank of Ghana is to soon come out with revised regulations on Ghana’s mobile financial service sector. It follows ...
Banking consultant bashes BoG for high lending rate
Banking consultant, Nana Otuo Acheampong, has criticized the Bank of Ghana over the country’s high average lending rate which is ...
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