Thursday’s Business Edition of PM Express will be discussing the recovery of the banking sector after the Domestic Debt Exchange Programme (DDEP).
The conversation follows the Ghana Association of Banks (GAB) stating that banks in the country are in good standing with their financial position despite losses incurred by the lenders due to the DDEP.
A recent assessment of financial statements of banks by Dr. Richmond Atuahene and K B Frimpong revealed that banks will lose an additional ¢6 billion due to reduced coupon rates and the extension of the maturity period from five to 15 years.
Mr John Awuah stated that even though banks appear to have been negatively impacted, the situation was anticipated, hence adequate measures were put in place to protect banks in the country.
Join the conversation for more details;
Latest Stories
-
We will continue rebuilding ‘a building that has crashed’ – Kurt on Ghana Football
8 minutes -
GFA President Okraku pays tribute to Kwesi Nyantakyi after new CAF role
39 minutes -
New IGP Yohuno must address ‘unfair’ promotions under Dampare – COP Alex Mensah (Rtd)
49 minutes -
I’m for the change, but I’m not happy about the open jubilation – COP (Rtd) Mensah on Dampare
58 minutes -
Video: Cash sprayed as elated crowd welcomes IGP Yohonu to police headquarters
1 hour -
Government alone cannot finance tertiary education – GTEC D-G
1 hour -
A holistic approach to national problems must go beyond Dampare – Barker-Vormawor
1 hour -
My ministry doesn’t need GH₵78m; allocation is for state agencies – Kwakye Ofosu
1 hour -
Addressing Greenwashing in Ghana’s Green Transition: Enhancing public awareness and consumer protection against false eco-claims
1 hour -
Dampare expresses gratitude following exit as IGP
2 hours -
Letter to the new IGP: Bullion van robberies; unanswered questions and the need for justice
2 hours -
2025 GSTEP Challenge: 15 finalists in G/A inducted to prepare for the final pitch and award ceremony
2 hours -
Did Bawumia join a debate on any of Akufo-Addo’s budgets? – Adongo berates minority
2 hours -
MPs eulogise former MP and Regional Minister Anthony Evans Amoah
2 hours -
Lands Minister calls for innovation and sustainability in surveying
2 hours