Tag: Banking sector
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Bad Loan Write-Offs Surge As BoG Tightens Rules
Ghanaian banks accelerated loan write-offs by 35 percent in early 2026, wiping out GH¢883.7 million (roughly $72 million) in bad debt as the Bank...
ADB Ghana Profit Falls Even as Capital Position Rebounds
Agricultural Development Bank (ADB) Ghana's after-tax profit fell 16.4 percent to GH¢192.6 million in the first half of 2026, from GH¢230.5 million a year...
GSE Index Extends Gains Despite Falling Volumes
The Ghana Stock Exchange's (GSE) Composite Index closed the week at 14,805.95 points on Friday, up 25.16 points on the day, even as trading...
Societe Generale Ghana Profit Reaches GH₵397m as Shares Soar
Societe Generale Ghana PLC posted a profit after tax of GHS 397 million in 2025 and saw its share price surge 199 percent, the...
Bank Of Ghana Governor Warns Over Weak Fraud Enforcement
Bank of Ghana Governor Johnson Pandit Asiama says detecting financial fraud means little without firm consequences, warning that weak enforcement is undermining efforts to...
