Banks

Over $14.6m, £2.4m, and GH₵167.8m found in dormant accounts at BoG – ILAPI

Banks, SDIs issued 53,522 dud cheques to credit bureaus in 2023

Banks wrote off GH¢1.048bn as bad debt in half-year 2024, 39% lower over previous year

Banks profit increases by 25.5% to GH¢5.4 billion in half-year 2024

Banks investments expand by 19.2% to GH¢107.2bn in half-year 2024 – BoG

Opaque transactions in banks could be a conduit for holding proceeds of corruption – AG

Total number of collateral registrations recorded in second quarter of 2024 hit 80,873

Ghanaian banks warned of cybercrime risk resulting from fake CrowdStrike update

BoG received 695 complaints from bank customers in 2023

Banks remain in solid position despite challenging economic environment – Fitch Solutions

BoG permits banks with stronger capital positions to pay interim dividend

I’ll reinstate collapsed banks – Mahama

Ghanaian banks’ profitability to weaken due to new Cash Reserve Ratio regime – Fitch

‘Thirsty banks’: Ghana’s dilemma with high Cash Reserve Ratios

More than half of 23 banks fully recapitalized – BoG

Banks wrote-off GH¢4.33bn as bad debt in 2023

Banks prefer less risky assets; share of investments in total assets increased to 36.4% in 2023 – BoG

Banks register staggering 224.6% growth in profit to GH¢8.3bn in 2023

Banks recover in capitalization due to strong growth in 2023 profit – Fitch

Total number of collateral registrations recorded in quarter 4 estimated at 6,1674

Total value of secured loans fall 54% to GH¢5.9bn in quarter 4 of 2023 – BoG

Fitch predicts favourable outlook for Ghana’s banking sector

Banks profit to remain under pressure, but will fare better – Fitch Solutions

Banks wrote off ¢3.19bn as bad debt in October 2023

Credit to private sector contracts by 31.6%, but banking sector liquid – BoG

Outlook of Ghanaian banks improve, but capital under pressure – Fitch Solutions

DDEP: Banks lost ¢7.3bn instead of ¢41.3bn due to revise discount rate

Ghana’s original DDEP and revised DDEP impact on the banking sector for 2022 and 2023: An Autopsy

Total value of secured loans falls 32.7% to ¢5.5bn in quarter 3, 2022 – BoG

We remain committed to a quick turnaround of economy – Ghana Association of Banks

We expect banks to rebuild capital buffers quickly – BoG

BoG commences development of framework to assess sustainability of banks – Governor

ACCESS Coalition builds CSOs’ capacity to influence multilateral development banks in RE financing

Financial Stability Fund takeoff uncertain – Fitch

African banks must invest 2% of profit into agricultural sector – Dr Jasaw

Banks are now more cautious of lending due to current economic environment – John Awuah

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