Tag: Banks
SOEs to Prioritize State Banks in Transactions – Deputy Finance Minister
The government has directed SOEs to transact more with state banks, boosting…
Private Banks in Ghana Show Greater Resilience Amid Capital Strain
Private banks in Ghana rebuilt capital organically after the DDEP, showing resilience,…
Fitch: Most Ghanaian Banks Will Remain Capital-Compliant Beyond DDEP Relief
Fitch Ratings says most Ghanaian banks will remain capital-compliant by end-2025 despite…
Six Ghanaian Banks Will Require Extra Support, Mergers, or Acquisitions to Meet Capital Rules by End-2025– Fitch
Fitch warns six Ghanaian banks may need mergers, capital injections, or regulatory…
Banks Must Lend More, But Manage Risk Tightly – BoG Governor
BoG Governor Dr. Johnson Asiama urges Ghana’s banks to boost credit to…
Banks Pledge Lower Lending Rates as Ghana Reference Rate Falls to Two-Year Low
The Ghana Association of Banks says borrowers will see lower lending rates…
Credit Bureau Enquiries Double in 2024 as Banks Embrace Data-Driven Lending
Credit bureau enquiries in Ghana surged to nearly 30 million in 2024,…
Deloitte Urges Insurance Firms to Build Comprehensive Fraud Strategies Amid Rising Cyber Threats
Deloitte Ghana has urged insurance firms to adopt comprehensive fraud strategies, highlighting…
Reference Rate Drops to 19.67% – Banks to Cut Lending Rates, Credit Relief Expected for Borrowers
Ghana's banks are set to lower lending rates to around 19% following…
BoG Governor Urges Banks to Prioritise Productive Lending Over Government Securities
BoG Governor Johnson Asiama urges banks to shift from government securities to…
GNCCI Urges Banks to Cut Lending Rates After BoG’s Historic Policy Rate Slash
GNCCI urged banks to swiftly cut lending rates after the Bank of…
Ofosu-Adjare Courts Long-Term, Affordable Financing for Agribusiness Industry
Trade and Agribusiness Minister Elizabeth Ofosu-Adjare has urged banks to provide affordable,…