Banking and Finance
Public Debt Hits GH¢286.9 billion; BoG Maintains Policy Rate
Ghana’s total public debt stock has risen to 74.4 percent of Gross Domestic Product (GDP) representing GH¢286.9 billion at the...
UMB appoints Nana Kwadwo Dwemoh Benneh as CEO
After five years of dedicated and growth-oriented service to Universal Merchant Bank (UMB), Benjamin Amenumey has completed his tenure as...
Ghana’s 2020 external finances sets stage for cedi stability
Unsurprisingly, the latest data released at the weekend by the Bank of Ghana’s Monetary Policy Committee reveals the strain that...
Public debt, fiscal deficit hit record highs
Data released by the Bank of Ghana at the weekend has confirmed the depth of Ghana’s fiscal troubles – the...
Average lending rate fall 2.59% to 21.10% since December 2019
The average lending rate or cost of loans has fallen by 2.59% to 21.10% within the last one year, the...
Banking sector resilient to withstand second Covid-19 shocks – 2nd Deputy BoG Governor
The Second Deputy Governor of the Bank of Ghana, Elsie Addo Awadzi, has given a firm assurance that the banking sector is...
Ghana Association of Bankers appoints Mansa Nettey as new president
The Managing Director of Standard Chartered Bank, Mansa Nettey, has been elected as the new President of the Ghana Association...
Fitch, Moody’s project strong growth for Ghana but World Bank thinks otherwise
Rating agencies, Fitch and Moody’s have projected a strong economic growth for the country in 2021. Fitch is projecting a...
Fitch upgrades UBA Ghana’s long-term IDR to ‘B’; outlook stable
Fitch Ratings has upgraded United Bank for Africa (Ghana) Limited's Long-Term Issuer Default Rating (IDR) to 'B' from 'B-' and...
Debt management taking centre stage
Last week, the Ministry of Finance released its domestic debt issuance calendar for the first quarter of 2021, revealing that...
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