Understanding How Banks Analyse Your Business Loan Application
Credit analysis is a complete analysis of the client’s overall performance and the specific project to be financed with a loan in order to assess the credit risk, i.e. the….
Tag: Banks
DDEP To Weigh On Balance Sheet Of Banks – Fitch Solutions
The Domestic Debt Exchange Programme is likely to weigh on the balance sheets of banks in Ghana and consequently reduce credit to the private sector, Fitch Solutions has revealed in….
BoG Needs To Work Hard On Threats To Solvency Of Banks – Banking Consultant
Banking Consult, Dr. Richmond Atuahene has adviced the Central Bank to put its best foot forward to eliminate the various increased pressures on the liquidity of banks and the threat….
Cocoa Bills Default: Bog, COCOBOD Agree To Allow Banks To Use COCOBOD’s Deposits To Pay Retail Customers
The Bank of Ghana, Ghana Cocoa Board (COCOBOD) and the commercial banks have agreed to allow banks to use COCOBOD’s deposits/placements at the banks to cater for retail customers who….
Banks, Insurance Companies Lay Off Workers In Anticipation Of A Difficult Year
3Business can exclusively report that some banks and insurance companies have begun laying-off workers in anticipation of a difficult year for the financial services sector. Two local banks informed some….
Government Should Have Arrested Owners Of Banks BOG Collapsed – Lakulaku
A communicator of the New Patriotic Party(NPP), Abubakar Sulemana popularly known as Lakulaku has said government should have ordered for the arrest of the owners of the banks that were….
Banks Deny Profiteering From Lending Rate Claims
Chief Executive Officer of the Ghana Association of Banks (GAB), John Awuah, has described as ‘impossible’ the assertion that banks in the country could be benefitting from the difference between….
BoG To Impose Sanctions On Banks That Breach Digital Financial Services Guidelines
The Bank of Ghana may impose on banks or Specialized Deposit-Taking Institutions, an administrative sanction of not more than 10,000 penalty units for breach of new guidelines on digital financial….