Tag: commercial banks
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Kenyan banks squeezed by rising non-performing loan book
Although the value of the non-performing loans increased by 0.7 percent, the quality of assets held by the banks decreased from 2.7 percent in...
Mozambique passes bill to allow commercial banks access to clients’ information
The commercial banks and other micro-finance institutions in Mozambique will from now on be able to access detailed information of their clients, after the...
Ghana central bank merges Monetary Policy rate with Reverse Repo rates
The Bank of Ghana has merged its benchmark policy rate with the reverse repo rate, which is the effective rate at which Bank of...
Kenya’s banking sector records improved performance in Q1
Kenya's banking sector recorded improved performance in the first quarter ended March 31, with deposits in commercial banks rising to 25 billion U.S. dollars...
Government borrowing cited for high cost of credit in Ghana
by Justice Lee Adoboe
Business leaders and major stakeholders have been seeking answers to the causes of high cost of credit in Ghana.
One major...
