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
-
54.3% Ghanaians support gov’t borrowing to build more SHS infrastructure – IEA survey
2 minutes -
NDC orders members to halt premature parliamentary campaigns or face sanctions
21 minutes -
Gov’t to ensure Ghanaian businesses benefit from Sentuo Airport Garden City project – Ofosu-Adjare
21 minutes -
Nana Oye Bampoe Addo leads female government delegation to Asantehemaa
27 minutes -
GES declares September 25 National Continuous Professional Development Day
28 minutes -
64.7% of Ghanaians say double-track system has worsened SHS education – IEA poll
31 minutes -
Terry Johnson set for ‘All White Service’ and live DVD recording on September 21
33 minutes -
Ghanaian youth should think twice before accepting Russia’s invitation
34 minutes -
Management of Coachhene Sports Club pays courtesy call on Sports Minister
37 minutes -
miLife Insurance LTD wins Life Insurance Company of the Year 2025
38 minutes -
UNFPA and PPAG train service providers on gender-based violence and human rights in Kumasi
39 minutes -
NDC Youth Organiser race: Odarteifio promises economic opportunities for young people
41 minutes -
Iran war has led to US munitions shortfalls, Pentagon inspector confirms
1 hour -
Sentuo Airport Garden City project will enable Accra to host UN conferences – Mahama
1 hour -
Sentuo Airport Garden City project to create jobs, boost local industry – Trade Minister
1 hour