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Credit to private sector contracts by 31.6%, but banking sector liquid – BoG

November 29, 2023 Credit to the private sector contracted in October 2023 and September 2023. According to the Monetary Policy Report of the Bank of Ghana, banks continue to deploy their resources towards...

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November 29, 2023 / Comments (0)

Total banks’ assets hits GH₵112.8 billion

July 30, 2019 The total banks’ assets have inched up to GH₵112.8 billion through the clean-up and reforms introduced to bring confidence to the banking sector, Finance Minister, Ken Ofori-Atta has...

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July 30, 2019 / Comments (0)

Banking sector outlook positive—BoG

May 23, 2019 The banking sector remains robust with strong growth prospects in various operational areas, the latest Banking Sector Report by the Bank of Ghana (BoG) has revealed. Given the liquidity in...

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May 23, 2019 / Comments (0)

Ecobank wins Best Digital Strategy award

May 24, 2018 Ecobank has won the Best Digital Strategy Award at the Retail Banker International’s prestigious awards ceremony in London. Ecobank’s digital strategy leverages digitalisation for scale...

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May 24, 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...

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May 22, 2018 / Comments (0)