Tag: banks
BoG, banks hold GH¢83.18bn of country’s domestic debt
The Bank of Ghana as well as banks and deposit taking institutions together hold GH¢83.1 billion of the country’s total domestic debt, as...
Currency outside banks grew stronger in first four months of 2021
Currency outside banks grew stronger in the first four months of this year than the same period last year when covid-19 pandemic emerged,...
Banks now ‘risk–averse’; pursuing investments rather than lending
The banking industry is not doing much in lending to the private sector and consumers to stimulate spending and growth of the economy,...
Banks to remain resilient and supportive of resetting post Covid-19 economy...
Dr. Maxwell Opoku-AfariThe Bank of Ghana is committed to ensuring that the banking and other non-bank financial institutions remain resilient, inclusive, and supportive...
Government advised to absorb banks’ negative financial debt in 2020
Govt has staying urged to take in the terrible debt recorded by financial institutions in 2020 mainly because of the influence of covid-19...
Banks write-off GH¢1.1bn as negative financial debt
Financial institutions wrote off a tiny earlier mentioned GH¢1.1 billion in the 1st two months of this year, in accordance to the Profitability...
