Tag: Loans

The Treasury could hit a snag in managing its deficit as commercial banks, which own more than 35 percent of Treasury bills, are likely to start selling them off to ...

In a bid to invigorate lending to the private sector and fuel economic expansion, the Bank of Ghana (BoG) has undertaken a significant recalibration of the Cash Reserve Ratio (CRR) ...

Loan agencies have been accused of taking advantage of the recent doctors strike actions to extort from desperate patients, who are in need of urgent medical attention. In order to ...

Mr. Joe Jackson, the Director of Business Operations at Dalex Finance, has advised institutional bondholders to accept the government’s debt exchange programme. According to him, despite the throbbing cuts that ...

The Ga Rural Bank has bemoaned the high incidence of loan default that the bank is currently faced with, the bank thus, threatened court action against customers who have defaulted ...

Mr Daniel Wilson Addo, Managing Director of Consolidated Bank Ghana (CBG), has disclosed that CBG has an advanced loan processing system which shortens the time spent on processing loans. According ...

Board Chairman of the National Theatre , Nana Fredua Ofori-Atta Agyeman Duah, has refuted claims that President Nana Akuffo Addo's government has nothing to show for all the monies it ...

OmniBSIC Bank witnessed strong growth in the loans and advances granted to firms and individuals in the third quarter of the year as the bank expanded its support to businesses. ...

Kintampo Rural Bank in the Bono Region has pledged its commitment to use the Warehouse Receipt System (WRS) platform to grant more loans to smallholder farmers to increase their agricultural ...

Operating expenses of Ghanaian Banks increased sharply by 24.3 percent in August 2022, compared to 9.0 percent growth in August 2021. According to the Bank of Ghana, this is partly ...