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Banks
Banks begin releasing 2022 financial statements; DDEP pushes many into losses
DDEP: Banks to further lose ¢6.1bn – Report
Michael Sumaila Nlasia: The new taxes will collapse banks and businesses
Loss position of banks may continue into 2024 – Finance Lecturer
DDEP: Banks have up to 2025 to restore minimum paid-up capital; industry records over ¢15bn loss in 2022
Explore local opportunities to grow economy – Prof Osei-Assibey to DBG, banks
DDEP: banks loans to businesses, households to fall significantly – Fitch Solutions
DDEP: Banks to suffer considerably in 2023 – Fitch Solutions
Banks record significant losses due to DDEP – BoG
9 banks could be insolvent from impact of domestic debt exchange – Report
Biodiversity awareness gets boost as journalists receive training at SYND workshop in Accra
Domestic Debt Exchange: BoG reiterates position of closely monitoring banks to prevent insolvency
DDEP: Banks to suffer NPV loss of about 50% – Fitch
Banks project further easing of overall stance on loans to households
“It’s the Season of Sorrow for Ghana’s banks”; banks to pay 5% tax on PBT – Bright Simons
Banks wrote-off ¢5.9bn as bad debt in 2022
DDEP: Banks in Ghana conducting lazy banking – Dr. Atuahene
DDEP to weigh on balance sheet of banks – Fitch Solutions
BoG needs to work hard on threats to solvency of banks – Banking Consultant
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
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