Banks

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

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

Australia to sanction banks, transport and energy

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