Tag: Secured Loans
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Secured loans in Q2 2023 surge to ¢5.9 billion, a 15.5% year-on-year increase
In the second quarter of 2023, the total value of secured loans granted and registered by banks and Specialized Deposit-Taking Institutions in Ghana reached an estimated ¢5.9 billion. This marked a substantial growth of 15.5% compared to the previous year. Meanwhile, Specialized Deposit-Taking Institutions reported a total of ¢971.1 million in secured loans, representing a…