By Adnan Adams Mohammed Ghana’s broader macroeconomic framework is exhibiting signs of steady monetary direction, even as persistent banking sector risks and rising construction material costs create localized inflationary …
Banking sector
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Business, Small BusinessEconomy and FinanceFinanceNews
Ghanaian banking equities soar, but market needs more IPOs – PwC Reports
by Adnan Adamsby Adnan AdamsBy Mariam Aminu Investor demand for banking stocks on the Ghana Stock Exchange (GSE) remains strong, supported by robust earnings recovery and attractive dividend yields across the financial sector. …
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Business, Small BusinessEconomy and Finance
Banking sector performance improves significantly as total assets expand to GH¢493.9 billion
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed Ghana’s banking industry has demonstrated robust growth and resilience, with the sector’s total assets expanding by an impressive 26.6 percent to reach GH¢493.9 billion. The strong …
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Economy and Finance
GCB Bank shatters records with GH¢3.2bn profit …as MD declares institution ‘largest by all metrics’
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed GCB Bank PLC has cemented its position as the titan of Ghana’s financial sector, reporting a historic profit before tax of GHc 3.2 billion for the …
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Economy and Finance
2025 bank profits signal ‘golden era’ for Ghanaian lenders
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed The Ghanaian banking sector has transitioned from the turbulent waters of the Domestic Debt Exchange Programme (DDEP) into an era of unprecedented prosperity. Financial statements for …
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Economy and FinanceNews
Ghana’s economy to grow further amidst forex stability – Fitch
by Adnan Adamsby Adnan AdamsThe cedi’s exchange rate is expected to stabilise within the year and inflation also expected to decline.
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The Chairman of Parliament’s Finance Committee, has praised the Minority caucus for supporting recent tax waivers approved by the legislature, describing it as a significant step towards deepening parliamentary collaboration.
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Economy and FinanceNewsTechnology
Govt recapitalizes state interest banks by September
by Adnan Adamsby Adnan AdamsBy Elorm Desewu The government plans to recapitalize all the state interest banks in the country by the end of September this year. Cabinet has approved an amount of GH¢22.8 …