Tag: Loans
A Credit Boom: Private Sector Loans Surge 35.5% YoY as Banks Pump GHC123Bn into Ghana’s Economy
Ghana’s private sector credit surged 35.5% year-on-year to GH¢123.3 billion in August…
Can a Lender Recover a Loan Directly from a Guarantor? The Law on Guarantor’s Rights and Liabilities
A guarantor is jointly and severally liable with the principal debtor and…
Secured Credit Jumps To GH¢31.5bn As Fewer Loans Are Registered
Ghana’s secured credit rose 73.4 percent to GH¢31.5 billion in Q2 2026,…
BoG Develops New Framework to Help Banks Lend to Struggling Businesses
The Bank of Ghana is developing a new framework to help banks…
Bank of Ghana Escalates Crackdown on Unlicensed Digital Lenders
The Bank of Ghana has named 20 unlicensed digital loan applications as…
T-Bill Yields Crash: Window Opens for Businesses to Secure Cheaper Bank Loans
Falling yields on Ghana Treasury Bills are reducing banks’ easy profits, potentially…
Ghana Could See 10% Lending Rates Sooner Than Expected – BoG
BoG Governor Dr. Johnson Asiama expects Ghana’s lending rates to fall to…
BoG Invites Public Input on Draft Guidelines for Non-interest Banking
The Bank of Ghana has issued draft guidelines for non-interest banking and…
Trapped by Credit: How Ghana’s Loans Are Crushing Dreams and Bankrupting the Ambitious
Ghana’s microfinance and digital lending boom is trapping many small entrepreneurs in…
“We Can’t Pay Back the Loans”: Price Slump Pushes Maize Farmers to the Brink
Farmers in Ghana’s Sissala enclave face loan defaults as a maize glut…
Maize Prices Plunge by 60% in Sissala Enclave as Farmers Face Loan Defaults
Maize prices in Ghana’s Sissala enclave have plunged 60%, leaving farmers unable…
Banks’ Credit to Private, Public Sectors Dips Sharply to GH¢4.68bn in June – BoG
Bank of Ghana reports banks’ credit to private and public sectors fell…