Tag: commercial banks
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Analyst backs BoG’s forced retrieval of unpaid Eximbank loans
Some Financial Analysts have lauded moves by the Central Bank to deduct money from commercial banks whose accounts were used to assess loans from the EXIM Bank. The decision follows Exim Bank’s inability to recover credit facilities channeled through them to the commercial banks for on-lending to customers. But Citi Business News understands most of the customers…
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![Is the ESLA considered as a bailout for Banks in Ghana? [Article]](https://citibusinessnews.com/wp-content/uploads/2017/10/bond-1.jpg)
Is the ESLA considered as a bailout for Banks in Ghana? [Article]
Preamble: As noted in my recent article titled “Poor credit practices leading to high NPLs in Ghana”, I concluded that the primary cause of default for energy related SOE and BDCs debts is due to the banks irresponsible credit decision. In this article, I will like to expand on the above referenced article and demonstrate…