By Adnan Adams Mohammed Commercial banks operating in Ghana must step up credit extension to the private sector while aggressively cleaning up their balance sheets, the Bank of Ghana …
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Commercial banks
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Business, Small BusinessEconomy and FinanceFeaturesNews
How the BoG’s dynamic Cash Reserve Ratio Regime will work …and what it means for commercial banks in Ghana
by Adnan Adamsby Adnan AdamsBy Toma Imirhe This week, the dynamic Cash Reserve Ratio (CRR) framework for commercial banks, announced by their regulator, the Bank of Ghana a fortnight ago, will commence. This marks …
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Economy and Finance
BoG warns banks to adapt as falling interest rates threaten profitability
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed The Bank of Ghana (BoG) has issued a wake-up call to commercial banks, warning that their heavy reliance on government securities and interest income could undermine …
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Economy and FinanceNews
BoG cautions commercial banks as they adjust lending rates
by Adnan Adamsby Adnan Adams“While the policy tightening will affect funding costs and credit pricing in the near term, the financial system is well-positioned to absorb these effects”, Governor of the Bank of Ghana, …
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Economy and FinanceNews
Deregulate financial sector’ or watch the economy totally collapse – ACEYE
by Adnan Adamsby Adnan AdamsAcquah spoke during a ACEYE Public Policy Value Rating presser in view of the 2024 general elections, held at their headquarters in Dome, Accra.