The IMF urges Ghana to take stronger action on rising non-performing loans, warning they threaten the banking sector's stability.
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IMF Flags Incomplete Reforms in Ghana’s Banking Sector, Urges Action on State Banks
Accra, Ghana – The International Monetary Fund (IMF) has issued a warning that critical reforms within Ghana’s banking sector remain…
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IMF Flags Specialized Deposit-Taking Institutions as Potential New Risk to Ghana’s Financial Stability
The IMF warns specialized deposit-taking institutions in Ghana pose a new risk to financial stability, urging urgent regulatory action.
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Ghanaian Banks See Improved Asset Quality Amidst Lingering Credit Risk
Ghanaian banks' asset quality improves with reduced NPLs, but the Bank of Ghana cautions about lingering elevated credit risk.
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Middle East Tensions Keep Ghana’s Policy Rate at 14%, Central Bank Cites Inflation Risks
Ghana's central bank holds its policy rate at 14% amid Middle East tensions, citing global instability and inflation risks despite…
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Bank of Ghana Holds Policy Rate at 14% Amidst Middle East Crisis and Inflation Concerns
The Bank of Ghana maintains its policy rate at 14% amidst the Middle East crisis and inflation concerns, prioritizing stability…
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UBA Ghana Achieves Industry-Leading Reduction in Bad Loans
Discover how UBA Ghana became an industry leader by drastically cutting Non-Performing Loans, showcasing strong risk management and governance.
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