By Adnan Adams Mohammed The Monetary Policy Committee (MPC) of the Bank of Ghana has unanimously voted to maintain the Monetary Policy Rate at 14.0%, citing the need to …
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Non-Performing Loans (NPLs)
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Economy and Finance
Ghana’s banking sector surges with GH¢465bn asset base
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed Following a period of intense restructuring and economic turbulence, Ghana’s banking sector has emerged with a newfound resilience. New data from the Bank of Ghana (BoG) …
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Economy and Finance
BoG reports surging confidence in banks amidst lingering bad debt risks
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed The Bank of Ghana (BoG) has released its latest assessment of the nation’s financial landscape, painting a picture of a “dual-speed” recovery. While consumer and business …
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Economy and Finance
Ghana’s banking sector remains solid as inflation plummets to record 3.3%
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed A comprehensive stress test by the Bank of Ghana (BoG) has confirmed that the nation’s banking sector remains “robust” and resilient against adverse macroeconomic shocks, even …