Tag: Bad debt

Banks Wrote-Off GH¢4.33Bn As Bad Debt In 2023

Posted on March 11, 2024 by Cassandra

Banks in Ghana wrote off GH¢4.33 billion as bad debt in 2023, a 79.2% reduction over that of 2022. The bad debt was classified as loan losses, depreciation & others…..

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Banks Wrote-Off ¢5.9Bn As Bad Debt In 2022

Posted on February 21, 2023 by Cassandra

Banks operating in Ghana wrote-off about ¢5.9 billion as bad debt in December 2022. According to the Domestic Money Banks Income Statement, this is about 184.2% increase over the previous….