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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)

BoG tightens noose around dividend payments for banks

April 15, 2021 The Bank of Ghana (BoG) has announced stringent conditions that banks must meet to be able to share their 2020 and 2021 profits with shareholders. The central bank said in a statement that...

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April 15, 2021 / Comments (0)

Coronavirus crushes feeble stock market – Databank Report

April 30, 2020 The country’s already struggling stock market has not been spared the impact of deadly coronavirus pandemic as a report by Databank Research shows that significant value has been wiped...

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April 30, 2020 / Comments (0)

No new banking applications yet — Bank of Ghana

September 25, 2019 The Bank of Ghana (BoG) has stated that it is not processing any application for a fresh banking licence to new entrants into the banking sector. The Governor of the BoG, Dr Ernest Addison,...

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September 25, 2019 / Comments (0)

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...

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July 10, 2018 / Comments (0)