Bank Of Ghana Reports 455% Surge In Loan Data Submissions In 2023
The Bank of Ghana has reported that in 2023, an average of 21.2 million loan records were submitted monthly to credit bureaux by data providers, marking a dramatic 455 percent….
Tag: loans
Be Careful Whom You Guarantee Loans For – BoG To Consumers
The Bank of Ghana is advising consumers to be wary of whom they guarantee loans for. According to the Central Bank, the guarantor will be compelled to repay the loan….
Value Of Loans Inches Up To GH¢5.9 Billion In Q2 Of 2023
The total value of secured loans granted and registered by banks and special deposit-taking institutions (SDIs) grew by 15.5 percent year-on-year – reaching GH¢5.9billion at end of second-quarter 2023 (2Q23),….
Investments, Loans Among Top 5 Products Of Banks With Complaints In 2022 – BoG
The top five products or services that received most complaints in 2022 were investments, loans, current accounts, digital and electronic-money. For investments, the complaint data suggested that investment products and….
DDEP: Banks Loans To Businesses, Households To Fall Significantly – Fitch Solutions
Fitch Solutions has indicated that the banking sector loans will fall considerably in 2023, whilst deposit growth will decline marginally. It said Ghana’s client loan growth will ease from 30.2%….
MASLOC Does Not Discriminate; Every Ghanaian Qualifies For A Loan- Deputy CEO of MASLOC (VIDEO)
Deputy Chief Executive Officer (CEO) of Microfinance and Small Loans Centre (MASLOC), Kwabena Asamoah has said that her outfit is accessible to all Ghanaians despite your party affiliation. Speaking to….
Ghana To Securitise $3.3bn In Central Bank Loans
Ghana plans to convert an estimated ¢40 billion ($3.3 billion) of loans owed to its central bank into bonds, making it the single biggest holder of domestic government securities and….
The NPP Borrows To Improve Livelihoods- Ebenezer Doku
The Greater Accra regional director of elections and research for the ruling New Patriotic Party (NPP), Ebenezer Doku, has said that the borrowing of funds by the current government is….
BoG Warns Public Against Engaging Services Of 19 Unlicensed Loan Providers
The Bank of Ghana has cautioned the public to desist from engaging the services of some 19 unlicensed entities engaged in the provision of loans to consumers. According to the….