Banks’ taste for gov’t bills over private sector lending worrying-BoG

August 3, 2021 …as it fears it can affect recovery efforts The Monetary Policy Committee (MPC) of the Bank of Ghana has expressed discontent over the declining growth in lending to the private sector...

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August 3, 2021 / Comments (0)

Private sector accounts for GH¢6.7bn of bad loans – Banking sector report

November 7, 2019 Out of the total amount of bad loans that have become an albatross around the neck of banks in the country, the private sector alone accounts for more than 97 percent of it, the Banking...

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November 7, 2019 / Comments (0)

BoG seeks GH¢7bn support for savings and loans companies

April 15, 2019 After cleaning up the banking sector, the Bank of Ghana (BoG) is now set to raise GH¢7 billion from the government to support distressed savings and loans companies and other finance...

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April 15, 2019 / Comments (0)