Financial NGOs are pressing for a tiered regulatory framework in Ghana’s microfinance sector, arguing that while the current capital requirement of GHc300,000 remains acceptable, the varying operational capacities of institutions …
Tag:
Micro-Finance Institutions
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Economy and Finance
Savings and Loans industry mobilizes GH¢6.1bn in deposits
by Adnan Adamsby Adnan AdamsThe Savings and Loans segment of Ghana’s finance industry experienced unprecedented consumer confidence in the 2024 financial year recording a deposit mobilisation surge of 39.4% year-on-year (YoY) to reach GH¢6,104.29 …
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Economy and Finance
Over GH¢30bn used for financial sector cleanup exercise…yet NIB is still in distress – Gov’t
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The Finance Minister has reported that the government had spent GH¢30.3 billion on the financial sector clean-up exercise as at the end of 2024. This is not …