Tag: Non-performing loans

Ghana requires an upgrade in its policy priorities to sustain the growth and resilience of the economy, going into 2026.

Prof. Williams Kwasi Peprah has cautioned the government to take note of the underlying fiscal challenges that characterize the 2026 Budget while making significant efforts to sustain the macroeconomic gains ...

Ghana’s banking sector is facing a new and unsettling challenge — the alarming rate of loan defaults by medical practitioners who have relocated abroad. According to John Awuah, Chief Executive ...

The Bank of Ghana (BoG) has launched a sweeping crackdown on wilful loan defaulters in a move aimed at tightening credit discipline, restoring lender confidence, and safeguarding the stability of ...

Ghana’s banking sector has continued to grapple with significant levels of credit risk, although recent data shows some improvement in asset quality. According to the latest Domestic Money Bank Report ...

Republic Bank (Ghana) PLC has announced an impressive financial performance for the year 2024, recording a 45% surge in profits. This leap, according to the bank’s Managing Director, Dr. Benjamin ...

The cost of credit for companies in Ghana remains high, with all banks in the country unable to offer corporate loans at rates below 30%. Businesses seeking loans from banks ...

In 2023, Ghana’s banking sector witnessed a significant shift in the performance of bad debt, marked by a substantial reduction in write-offs compared to the previous year. According to data ...

Chief executive officer of the Ghana National Chamber of Commerce and Industries (GNCCI), Mark Badu-Aboagye, has welcomed the move by commercial banks to provide loan facility to contractors for projects ...

Societe Generale Ghana, a Ghanaian based bank which is part of the Société Générale banking group, has made a major gain it its operations by posting a strong net profit ...