Tag: banking reform
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Ghana Sees Sharp Drop in Bounced Cheques After BoG Crackdown
Ghana’s banking sector is witnessing a turnaround in payment discipline, with bounced cheques plunging over 15% year-on-year in 2024. '
The Bank of Ghana’s latest...
NIB Recapitalization Must Fuel Industrial Revival, Expert Urges
Ghana’s National Investment Bank (NIB) recapitalization should catalyze industrial growth if it restores the bank’s original mandate, banking consultant Dr. Richmond Atuahene asserts.
Speaking to The...
UniBank Directors Offer GH¢2 Billion Settlement in Landmark Debt Proposal
Former directors of defunct UniBank Ghana Limited have proposed paying GH¢2 billion to resolve GH¢3.3 billion in liabilities from the bank’s 2018 collapse.
Attorney General...
High Interest Rates Hinder Ghana Business Growth, Owusu Warns
Ghana's persistently high lending rates are stifling private sector expansion and job creation, according to Solomon Owusu, a prominent figure in the Movement for...
Ghana Pursues NIB Rehabilitation with GH¢3.4 Billion Bailout
Ghana has injected GH¢3.4 billion into the National Investment Bank (NIB) to stabilize the systemically critical lender, signaling a policy shift toward rehabilitating state-owned...
