Tag: commercial banks
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Commercial Banks Have Reduced Interest Rate For Customers – BoG
Latest figures released by the Bank of Ghana have shown that, the average interest rate customers get on money deposited at banks reached 10.4%...
Bank of Ghana raises minimum capital requirement for banks by 233.3 percent
Commercial banks in Ghana are required to increase their minimum capital by 233.3 percent to 400 million Ghana cedis (90.19 million U.S. dollars), the...
Economist want number of commercial banks cut down to control soaring NPLs
Key players in the banking industry and some economists are worried with the large number of commercial banks licensed and operating in the country....
Government courts support of commercial banks on Treasury Single Account implementation
Government has appealed to all the commercial banks to lend their support to help government implement the Treasury Single Account (TSA) policy successfully.
“I wish...
Tanzania banks shift loans from productive sector to individuals to remain profitable
Commercial banks in Tanzania were increasingly shifting from loaning the productive sector to individual persons and traders in order to remain profitable in the...
