The total value of secured loans granted and registered by banks and Specialised Deposit-Taking Institutions (SDIs) in the 4th quarter of 2023 was GH¢5.9 billion.
This...
GBC Bank PLC (GCB) has appointed Daniel Kwaku Tweneboah Asirifi as the new board chairman.
Asirifi’s assumption of office as board chairman of the bank...
Former President John Mahama has sympathised with the family of the late Chief Executive Officer(CEO) of Access Bank, Dr Herbert Wigwe.
Dr Wigwe was...
The Bank of Ghana has received praise for enhancing the accessibility of economic data via its recently launched Database Portal.
On Monday, February 5, 2024,...
The Bank of Ghana will tomorrow February 6, 2024, meet officials of the Ghana Revenue Authority and stakeholders within the financial sector to address...
Former Convener of Individual Bondholders Forum, Senyo Hosi, has taken a swipe at the Ghana Cocoa Board (COCOBOD) and the government over the non-payment...
Ghana's official creditors are set to meet on Monday, January 8, to discuss the restructuring of approximately $5.4 billion in loans, according to Reuters.
This...
Nigeria is leading Ghana in terms of the frequent use of digital channels, the 2023 KPMG West Africa Banking Industry Customer Survey.
For instance, 70%...
Credit risk remained elevated during the third quarter of 2023, reflecting the sharp increase in the stock of non-performing loans in the banking industry,...
Finance Minister, Ken Ofori-Atta, has commended the Bank of Ghana(BoG) for supporting his outfit for striving to reset the country’s financial architecture.
According to...
Ghana’s average inflation for 2024 is expected to hover around 18%, Fitch Solutions has revealed in its Sub-Saharan Africa Macro Key Themes for 2024....
The Minister of Fisheries and Aquaculture Development, Mavis Hawa Koomson, has said the government has cleared all outstanding debts owed Bulk Distribution Companies (BDCs).
According...
Associate Professor at Andrews University, William Peprah, has noted a decline in confidence within Ghana's financial sector since the inception of the Domestic Debt...
The Bank of Ghana is set to soon close down some Non- Bank Financial Institutions facing severe liquidity challenges.
According to the Central Bank, the...
Ghana is set to introduce credit scoring system next year to allow Ghanaians access to personal loans and help financial institutions control allocation of...
Finance Minister, Ken Ofori-Atta, during the presentation of the 2024 budget statement described the Domestic Debt Exchange Programme as done and dusted.
According to...
Member of Parliament(MP) for Bawku South constituency, Mahama Ayariga, has filed a suit against the Finance Minister, Ken Ofori-Atta at the Supreme Court.
The suit...
Bawku Central Member of Parliament (MP) Mahama Ayariga, has petitioned the World Bank and the International Monetary Fund (IMF), not to extend any support...
Zambia has reached a deal for relief on nearly $4 billion owed to private bondholders, raising hopes that a protracted debt restructuring by Africa’s...
The World Bank is expected to advance $300 million in budget support to Ghana in December 2023.
JoyBusiness picked up from persons with knowledge of...
The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has dismissed calls by the opposition National Democratic Congress (NDC) and the Minority...
The National Investment Bank (NIB) has denied claims that the Managing Director has been managing the bank for one year via Zoom.
Bolgatanga Central Member...
