Banks

Banks profit fall by 18.9% to ¢3.9bn in 2022

Exclude individual bondholders from Debt Exchange – Ghana Bondholders Forum reaffirms position

Cocoa bills default: BoG, COCOBOD agree to allow banks to use COCOBOD’s deposits to pay retail customers

Debt Exchange: Banks seek shorter maturities in local debt-swap deal

At least 5 banks will collapse over debt exchange programme – Ato Forson predicts

Don’t sign onto debt exchange programme – Ghana Association of Banks

Banks reject debt exchange programme – Professor Bokpin

Analysing impact of Ghana’s debt exchange on financial and real sectors of economy

Banks held ¢50.5bn of government bonds as of September 2022

Debt Exchange: 8 banks highly exposed to government bonds, may be hit hardest – Report

BoG withdraws foreign exchange support for importation of rice, vegetable oils, others

Some banks begin suspending loans to new customers

BoG charge banks to deploy strong risk systems to sustain financial stability

Financial sector assets increased to ¢260.4bn in 2021 – BoG

Government upbeat about ‘YouStart Programme’; banks commit ¢5bn to programme

BoG to impose sanctions on banks that breach digital financial services guidelines

Tighten performance areas falling short of customer expectations – CIMG to banks

Financial sector fraud: staff of banks, SDIs constitute 53% of culprits – BoG

Australia to sanction banks, transport and energy

Playback: PM Express discusses ‘high interest rates and role of banks’

Bullion van attack: Insurers can’t honour claims arising from unamoured cash-transit vehicles – ASIAC

Coronavirus: Canada’s big banks to allow mortgage payment deferrals

Commercial Banks’ profit in 2019 hit ¢3.3 billion

Banks disagree on how to pay for fraud refunds

‘Sakawa’ boys hack banks, telcos

Banks commit to bridge export financing gap

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