Banks in Ghana wrote off GH¢4.33 billion as bad debt in 2023, a 79.2% reduction over that of 2022. In 2022, the total bad debt was estimated at GH¢20.8 billion. The bad debt was classified...
Barclays Africa Sees Lower Debt Sales in 2016 as Lending Slows
Barclays Africa Group Ltd. plans to issue less debt in 2016 as lending growth...
JPMorgan Said to Assist Barclays on Sale of Africa Assets
JPMorgan Chase & Co. will work with Barclays Plc on the sale of the British...
Capital Bank offers ‘free cash’ to boost savings
Indigenous bank, Capital Bank, has launched a savings campaign dubbed “V-Man” to offer free...
Remittances drop …despite recovery in overseas fund transfers
Remittances from Ghanaians working overseas to their families back home dropped last year for...
MTN Mobile Money receives ISO/IEC Certification
MTN Mobile Money has been awarded the ISO/IEC 27001:2013 information security standard certification, according...
New rent law: Rent control likely to set rent charges
The Rent Control Department has hinted that the department may set rent charges with...
Access Bank posts growth despite economic challenges
Access Bank Ghana has released results of its financial performance for the 2015 financial...
Appolonia commissions 26 MW power station
A leading urban and local communities land developer with mixed-use urban development, Appolonia, has commissioned its first...
BoG report highlights major cuts in loans by commercial banks
A new Bank of Ghana report has revealed significant reduction in loans granted by...
Ghana debt sales bloom as pension funds warm to company bonds
Ghana Home Loans Ltd. is among at least three companies in the West African...