Ghana’s Banking Industry Battles Rising Defaults from Migrated Medical Practitioners
Ghana’s banking sector is facing a new and unsettling challenge — the alarming rate of…
1 month ago
Non-performing loans
BoG Cracks the Whip on Loan Fraud — Sanctions to Hit Borrowers and Directors Alike
The Bank of Ghana (BoG) has launched a sweeping crackdown on wilful loan defaulters in…
3 months ago
Ghanaian Banks Cut Bad Debt to GH¢654.2 Million in Early 2025 as Asset Quality Improves
Ghana’s banking sector has continued to grapple with significant levels of credit risk, although recent…
5 months ago
Republic Bank Ghana Delivers 45% Profit Surge, Eyes Bigger Support for Homeowners
Republic Bank (Ghana) PLC has announced an impressive financial performance for the year 2024, recording…
5 months ago
Ghana’s Businesses Struggle with Soaring Loan Rates
The cost of credit for companies in Ghana remains high, with all banks in the…
1 year ago
Drastic Reduction in Bad Debt, A Positive Signal for Ghana’s Banking Industry
In 2023, Ghana’s banking sector witnessed a significant shift in the performance of bad debt,…
2 years ago
GNCCI Welcomes Move By Commercial Banks To Fund Projects Despite Non-performing Loans
Chief executive officer of the Ghana National Chamber of Commerce and Industries (GNCCI), Mark Badu-Aboagye,…
2 years ago
Societe Generale Ghana Records GHS 158m Quarter 2 Net profit
Societe Generale Ghana, a Ghanaian based bank which is part of the Société Générale banking…
2 years ago
Standard Chartered Bank Reduces Its Non-Performing Loans Significantly
Standard Chartered Bank has reduced its non-performing loans (NPLs) ratio on a gross basis significantly…
3 years ago
ADB Improved on Non-Performing Loans in 2021 Financial Year
The Agriculture Development Bank Ghana (ADB), in its 2021 financial report released by the bank,…
4 years ago
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