Ghana banks

      By Adnan Adams Mohammed   Institutional investors navigating Ghana’s equity market are confronting a dual narrative for listed financial assets: while commercial banks absorbed a steep GH¢1.23 …

By Adnan Adams Mohammed     The Bank of Ghana’s Monetary Policy Committee (MPC) in the past two months tightened the monetary policy rate to 28 percent for the months …

  Adnan Adams Mohammed    Government’s plan to merger two major state banks National Investment Bank (NIB) and the Agricultural Development Bank (ADB)  have met stiff opposition.   Various stakeholders …

By 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 …

Adnan Adams Mohammed   The International Monetary Fund (IMF) says commercial banks are expected to submit their credible time-bound plans to rebuild capital buffers on a phased basis.   The …

  Adnan Adams Mohammed   Ghana’s banking sector is to face another crisis if the Bank of Ghana fails with its control measures to avert the downturn consequence of the …

Adnan Adams Mohammed   A Financial data analysis firm, Bloomberg, has estimated that banks operating in Ghana have been hit by about US$1.4 billion impairment due the debt restructuring.   …

The loss position of banks in Ghana may continue into next year, a Senior Finance Lecturer at the University of Ghana Business School, Dr. Benjamine Amoah, has stated.   According …

  Adnan Adams Mohammed   The banks suffering from fall in capital levels due to the domestic debt exchange program (DDEP) may resort to target lending, Fitch Solutions has said, …

The banking sector’s profit before tax was GH¢4.4 billion, representing 21.6 percent annual growth in June 2022, compared to 32.1 percent in the previous year.