Savings and loans companies receive assurance from BoG to resolve NPLs
Savings and loans companies in the country have received assurances from the central bank that steps will be taken to ...
Tag: Non performing loans
NPLs likely to reduce following improvement in economy – Banking consultant
A banking consultant, Nana Otuo Acheampong is confident that the recent rise in the percentage of non-performing loans in the ...
NPLs of Ghanaian banks may rise after COVID-19 pandemic – BoG Governor
Governor of the Bank of Ghana Dr. Ernest Addison says he is mindful of the fact that in the aftermath ...
Deposits of commercial banks grow steadily despite impact of COVID-19 – BoG
The latest Summary of Macroeconomic and Financial Data from the Bank of Ghana shows that the growth rate in commercial ...
NPLs should drop to single digits in 2021 and beyond – Banking consultant
Banking consultant Nana Otuo Acheampong has expressed confidence in seeing the percentage of non-performing loans in Ghana’s banking sector, drop ...
Lending rates dropping but not fast enough – MSMEs
Despite the Monetary Policy Rate (MPR) remaining at 14.5 percent for the better part of 2020, average lending rates of ...
Police interrogate loan defaulters of Bank of Africa
The Banking Sector Report released by the Bank of Ghana indicates that the total value of Non-Performing Loans has reduced ...
Bank of Ghana confident of bringing down banks’ bad loans to about 10 percent
The Bank of Ghana has announced that it has reached an agreement with universal banks over a debt write-off policy ...
Delays in resolving financial issues in court affecting banks—Bankers Association
The Ghana Bankers Association is calling on the Judicial Service to expedite the adjudication of financial cases. According to the ...
Private sector contributes 97% of banks’ NPLs in 2019 first quarter
The first quarter banking sector report published by the Bank of Ghana has shown that the private sector accounted for ...
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