Banks Wrote-Off GH¢4.33Bn As Bad Debt In 2023
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…..
Tag: Bad debt
Banks Wrote-Off ¢5.9Bn As Bad Debt In 2022
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….