Tag: Energy debts
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CAL Bank’s 2016 profits dip over high NPLs
CAL bank’s total profits for 2016 dropped by as much as 95 percent compared to the profits recorded in 2015. The bank’s profit dropped to 7.2 million cedis in 2016 from the over 160 million cedis recorded in the previous year. At CAL Bank’s 2016 AGM, the Board explained that the significant drop in profits…