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Tag Archives: banking sector

The non-performing loans ratio within the banking sector climbed to 24.2% in 2023 – BOG

The Bank of Ghana’s July 2024 Monetary Policy Report has disclosed that the Non-Performing Loans (NPL) ratio in the banking sector increased to 24.2% in June 2024, compared to 18.7% in June 2023.

The Bank of Ghana’s July 2024 Monetary Policy Report has disclosed that the Non-Performing Loans (NPL) ratio in the banking sector increased to 24.2% in June 2024, compared to 18.7% in June 2023.   Even when adjusted for fully provisioned loan losses, the NPL ratio climbed to 10.8% in June …

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Banking sector assets grow to GHC 152bn

Total banking sector assets as at end-February, 2021 increased by 18.5 per cent year-on-year to GH¢152.0 billion, marginally higher than the annual growth of 17.8 per cent as at end-February 2020. The higher growth in total assets reflected similar stronger growth in domestic and foreign assets of 19.1 per cent …

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Banking sector gets GH¢1.5 billion fresh capital injection– PwC survey

The banking sector received about GH¢1.5 billion in fresh capital last year as banks moved to meet the Bank of Ghana’s December 31, 2018 deadline to meet the minimum capital requirement, a PwC survey has shown. The BoG’s directive to the banks provided three sources of meeting the GH¢400 million …

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