Tag: Banks

The banking sector in Ghana recorded its lowest average lending rate of 28.8% in the fourth quarter (Q4) of 2024, marking a slight decrease from the 28.8% recorded in Q4 ...

A recent survey conducted by KPMG has revealed a cautious approach to investment among Ghanaians, highlighting the need for financial institutions to play a more active role in educating the ...

Ghana’s financial sector is gradually stabilizing as the effects of the country’s external debt restructuring appear to have had a less pronounced impact on banks’ capitalisation compared to the Domestic ...

Fitch Ratings has revised its outlook for the Ghanaian banking sector, painting a brighter picture of the industry's future amidst an improving economic situation in the country. This positive shift, ...

Ghana's banking sector continues to navigate the challenging aftermath of the Domestic Debt Exchange Programme (DDEP). While there has been notable progress in restoring capital buffers, a recent report reveals ...

The Quarterly Collateral Registry Brief report of the third quarter of 2024 (Q3 2024) revealed a notable shift in the allocation of loans, particularly in the Greater Accra region. According ...

The World Bank's latest economic analysis has brought a wave of optimism to Ghana’s banking sector, revealing that over half of the country's 23 banks are well-positioned to avoid the ...

If you've been following events in Ghana's banking sector, you might have heard about 'recapitalization.' But what exactly does this mean, and why does it matter? Recapitalization is the process ...

Treasury faced a setback as demand for Treasury bills (T-bills) dropped by 43 percent, marking the market's first under-subscription in 17 consecutive weeks. This decline contrasted with the strong investor ...

In a bid to enhance accessibility and promote the utilization of Near Real-Time (NRT) Automated Clearing House (ACH) Direct Credit services, the Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) ...