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Ghana Business Leader Slams Banks Over Interest Rate Practices

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-business-leader-slams-banks-over-interest-rate-practices/Dr. Joseph Obeng, President of the Ghana Union of Traders Association (GUTA), has sharply criticized financial institutions for justifying high interest rates using non-performing loans (NPLs). He argues banks are unfairly punishing businesses for institutional failures. “Banks blame NPLs, but these stem from their own inefficiencies, poor due diligence, and even corruption,” Obeng stated. He […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-business-leader-slams-banks-over-interest-rate-practices/


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