Banking and Finance
Performance of banks in half-year looks promising, banking industry remains strong – Governor
The Governor of the Bank of Ghana, Dr. Ernest Addison, says the performance of banks during the first half of...
Huge losses under DDEP has significantly weakened banking sector’s capitalisation – Fitch
Rating agency, Fitch, has warned that the large losses imposed on bondholders under the Domestic Debt Exchange Programme (DDEP) has...
PwC 2023 Ghana Banking Survey: 92% of banks without government control say losses from DDEP was their biggest pain
The 2023 Ghana Banking Survey by auditing firm, PwC, has revealed that 92% of banks without government control or ownership...
Government T-Bills Auction Oversubscribed By 15 Per Cent
The government treasury bill (T-Bills) auction for this week has been oversubscribed by GH¢3.90 billion as investors cash in soaring...
Banks begin releasing 2022 financial statements; DDEP pushes many into losses
Banks in the country have begun releasing their 2022 Financial Statement ahead of the April 30, 2023 deadline by the...
Charges undisclosed to borrowers in loan agreements null and void – BoG
The Bank of Ghana (BoG) has announced that charges that are not disclosed to a borrower in a loan agreement...
Expect coupon, principal payments on bonds in 48hrs – Finance Ministry assures bondholders
The Ministry of Finance has assured that bondholders whose coupon and principal payments matured on the 6th February 2023, and 13th February,...
Government saves ¢220m from significant fall in interest on T-bills
The Ghana Government saved ¢220 million from the significant fall in Treasury bills yields. According to the Executive Director of...
BoG must be blamed for the high inflation – Professor Williams Peprah
US-based Associate Professor of Finance at Andrews University in Michigan USA, Williams Kwasi Peprah, has accused the Bank of Ghana...
It is sad BoG unlawfully printed $3.3bn for government – IEA Director of Research
The Director of Research at the Institute of Economic Affairs (IEA), Dr. John Kwakye, has described as unacceptable for the...
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