Banks

Banks recover in capitalization due to strong growth in 2023 profit – Fitch

Total number of collateral registrations recorded in quarter 4 estimated at 6,1674

Total value of secured loans fall 54% to GH¢5.9bn in quarter 4 of 2023 – BoG

Fitch predicts favourable outlook for Ghana’s banking sector

Banks profit to remain under pressure, but will fare better – Fitch Solutions

Banks wrote off ¢3.19bn as bad debt in October 2023

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

Outlook of Ghanaian banks improve, but capital under pressure – Fitch Solutions

DDEP: Banks lost ¢7.3bn instead of ¢41.3bn due to revise discount rate

Ghana’s original DDEP and revised DDEP impact on the banking sector for 2022 and 2023: An Autopsy

Total value of secured loans falls 32.7% to ¢5.5bn in quarter 3, 2022 – BoG

We remain committed to a quick turnaround of economy – Ghana Association of Banks

We expect banks to rebuild capital buffers quickly – BoG

BoG commences development of framework to assess sustainability of banks – Governor

ACCESS Coalition builds CSOs’ capacity to influence multilateral development banks in RE financing

Financial Stability Fund takeoff uncertain – Fitch

African banks must invest 2% of profit into agricultural sector – Dr Jasaw

Banks are now more cautious of lending due to current economic environment – John Awuah

Total value of secured loans up 15.5% to ¢5.9bn in half-year 2023 – BoG

8 banks accounted for 67% of banking industry exposure to DDEP – 2023 Ghana Banking Survey

Banks demonstrate determination to build industry back to pre-DDEP level – 2023 Ghana Banking Survey

PwC 2023 Ghana Banking Survey: 92% of banks without government control say losses from DDEP was their biggest pain

Banks were unprepared for DDEP; 100% regional banks to reduce holdings in government securities – PwC 2023 Ghana Banking Survey

DDEP: 16 banks to record more losses in 2023 – Research

Banks have rested soft-skinned vans for armoured bullion vans – John Awuah

79,364 assets registered as collateral by Banks and SDIs in Q1 2023 – BoG

Collateral registration: Value of secured loans by banks and SDIs falls to ¢5.26bn – BoG

Banks wrote off ¢1.08bn as bad loans in 4 months of 2023; NPLs reach ¢13.1bn

Encourage acquisition, mergers of banks and NBFIs if needed – IMF tells government

Financial sector robust before debt restructuring, but sector cleanup yet to be fully implemented – IMF

Investments, loans among top 5 products of banks with complaints in 2022 – BoG

BoG received 983 complaints from customers of banks, others in 2022; 36% complaints unresolved

BoG gives banks up to September 2023 to submit recapitalization plans

Banks recorded ¢6.6bn losses in 2022; but registered ¢2.8bn profit in 4 months of 2023 – BoG

Average lending rates dip to 31.66% in April 2023

Banks must collaborate with FinTechs to survive the digital age – Marian Amartey

←
1
2
3
4
→

Most Popular

Court remands Adu-Boahene into EOCO’s custody for 7 days

Latest Stories