Audio By Carbonatix
Thursday’s Business Edition of PM Express will be discussing the recovery of the banking sector after the Domestic Debt Exchange Programme (DDEP).
The conversation follows the Ghana Association of Banks (GAB) stating that banks in the country are in good standing with their financial position despite losses incurred by the lenders due to the DDEP.
A recent assessment of financial statements of banks by Dr. Richmond Atuahene and K B Frimpong revealed that banks will lose an additional ¢6 billion due to reduced coupon rates and the extension of the maturity period from five to 15 years.
Mr John Awuah stated that even though banks appear to have been negatively impacted, the situation was anticipated, hence adequate measures were put in place to protect banks in the country.
Join the conversation for more details;
Latest Stories
-
Halt implementation of VAT, restore flat rate system or face our wrath – GUTA charges GRA
9 minutes -
Ahanta West MCE confirms roll-out of 24-hour ecoonomy market in Agona Nkwanta
11 minutes -
Mahama calls for ‘permanent reset’ as he swears in Presidential Advisory Group on the Economy
22 minutes -
ECOWAS Bank for Investment and Development named headline sponsor for London 2026 e3dition of Women of Valour
24 minutes -
Police release man detained in connection to Nancy Guthrie disappearance
28 minutes -
From vision to impact : Redefining STEM by closing the gender gap
43 minutes -
President Mahama highlights challenges in management of state-owned enterprises
44 minutes -
Why committee didn’t cancel NDC Ayawaso East primary—Fifi Kwetey explains
45 minutes -
Vice President charges Presidential Advisory Group on Economy to improve citizens’ lives
48 minutes -
You don’t need a huge salary to build wealth, focus on consistency – Paul Mante
50 minutes -
Police recover stolen Toyota Hilux, suspect dies after shootout in robbery probe
50 minutes -
GES condemns stabbing, alleged gang rape at Super Zonal Sports Competition
52 minutes -
Australia’s opposition leader under pressure after key resignation
54 minutes -
Local fugu factory could strengthen Ghana’s traditional attire market – Kofi Kapito
54 minutes -
Adwoa Serwa Bondzie appointed acting Executive Secretary of Energy Commission
59 minutes