By Ike.S Anison, Country Director, Ghana/Liberia/Gambia at Onafriq Historically, the formal banking sector’s penetration in Africa has been relatively low. And, while there has been significant...
Emerging reports have stated that some 16 banks are likely to record about GH¢17.1 billion more in losses in 2023. The myjoyonline.com report noted that this...
Commercial banks operating in the country are expected to start using armoured bullion vans or vehicles for Cash in Transit (CIT) activities from July 1, 2023....
Ranking Member of Parliament‘s Finance Committee, Isaac Adongo, has alleged that government, will in the coming months, collapse more commercial banks operating in the country. According to...
The Minority leader in Parliament, Cassiel Ato Forson, has hinted that some banks are at risk as a result of the domestic debt restructuring being embarked on...
The Minority in Parliament says the ongoing debt exchange programme will not augur well for the banks in the country. The opposition National Democratic Congress (NDC)...
Professor Godfred Alufar Bokpin, an Economist and Professor of Finance, has predicted impending doom for Ghana’s financial sector. Finance Minister Ken Ofori-Atta, last year, announced a...
President Nana Akufo-Addo is scheduled to meet, the Association of Banks, AGI, GPRTU and the members of the Council of State to discuss the way forward...
The total value of attempted fraud reported by Banks and Specialised Deposit–Taking Institutions (SDI) for the year 2021 has amounted to GH¢113 million, as compared to...
A total of GHS2.086 billion was written off as bad debt by banks operating in Ghana. This was disclosed by the central bank’s Domestic Money Bank’s...
