NPLs reach GH¢8.6bn record high – BoG report

July 10, 2018 Despite moves by the central bank to sanitise the banking sector, the industry’s asset quality remains a source of concern as the Non-Performing Loans (NPLs) ratio remain high, the...

Written by:

July 10, 2018 / Comments (0)

BoG signals effects policy rate cut in less than 2 years

May 22, 2018 The Monetary Policy Committee (MPC) of the central bank has voted for the sixth time in under 18 months to reduce its policy rate, from 18 to 17 percent, after April’s inflation dropped...

Written by:

May 22, 2018 / Comments (0)

Banks need more than GH¢400m as Basel II & III kick in

May 22, 2018 Banks will require more than the new capital requirement of GH¢400 million in order to meet the minimum capital adequacy ratio (CAR) under Basel II & III. Although most banks have...

Written by:

May 22, 2018 / Comments (0)