3 d. ago Amantin Community Bank Profit Surges 222 Percent, Proposes Dividend

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/amantin-community-bank-profit-surges-222-percent-proposes-dividend/Amantin and Kasei Community Bank has proposed paying GH¢1.49 million in dividends to shareholders after posting a 222 percent profit increase that lifted earnings to GH¢5.99 million in 2024. The Bono East Region-based bank announced the dividend proposal during its 20th annual general meeting, with payouts of GH¢0.37 per share pending Bank of Ghana approval, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/amantin-community-bank-profit-surges-222-percent-proposes-dividend/

Politics

4 d. ago Ghana Banks Face Mounting Bad Debt Crisis Following Sovereign Default

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-banks-face-mounting-bad-debt-crisis-following-sovereign-default/Ghana’s banking sector continues struggling with deteriorating loan portfolios more than two years after the country’s sovereign debt restructuring, highlighting the persistent challenges facing the financial system. Non-performing loans reached 21.8 percent of total bank lending by December 2024, reflecting ongoing stress from the government’s 2022 debt crisis. The situation has worsened significantly from pre-default […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-banks-face-mounting-bad-debt-crisis-following-sovereign-default/

Events

1 week ago Absa Bank named Bancassurance Leader at 2025 Ghana Insurance Awards

Absa Bank Ghana Limited has been named Bancassurance Leader for 2024 at the 2025 Ghana Insurance Awards, in recognition of the bank’s leadership in delivering integrated financial protection to individuals and businesses across Ghana.

Politics

1 week ago Ecobank, GCB are number one and two biggest banks in Ghana – 2025 Ghana Banking Survey

Ecobank Ghana continued its position as the biggest bank in Ghana in 2024 with a market share of 14.3%, according to the 2025 Ghana  Banking Sector Survey by PwC. It was followed by GCB Bank with a market share of 13.0% in 2024, from 10.9% in 2023. According to the report, the expansion of the […]

Politics

2 w. ago Ghana’s Economy Shows Resilience Amid a Challenging Environment

News Ghana, Latest Updates and Breaking News of Ghana, Prosper Kay, https://www.newsghana.com.gh/ghanas-economy-shows-resilience-amid-a-challenging-environment/The World Bank’s 9th Economic Update for Ghana titled Addressing Labor Market Challenges and Opportunities in Ghana’s Economic Landscape notes Ghana’s economy displayed resilience with strong growth of 5.7 percent in 2024 and continued growth in the first quarter of 2025 of 5.3 percent. The Update also highlights Ghana’s notable progress towards completing its debt restructuring, subsiding […] News Ghana, Latest Updates and Breaking News of Ghana, Prosper Kay, https://www.newsghana.com.gh/ghanas-economy-shows-resilience-amid-a-challenging-environment/

Politics

3 w. ago Banking sector showed mixed performance in 2024 – World Bank Group

Ghana’s banking sector exhibited mixed performance in 2024, characterised by robust asset growth alongside limited private credit expansion, according to the World Bank Group’s 9th Economic Update on Ghana.

Politics

3 w. ago Ghana’s economy showed resilience in 2024 – World Bank Group

Ghana’s economy demonstrated remarkable resilience in 2024, with its Gross Domestic Product (GDP) growth reaching 5.7 per cent, according to the World Bank Group’s 9th Economic Update for the country in June. The report, titled “Addressing Labour Market Challenges and Opportunities in Ghana’s Economic Landscape,” highlights a strong rebound driven primarily by the industrial sector […]

Politics

3 w. ago Ghana’s economy resilient but faces fiscal and structural hurdles – World Bank

Ghana’s economy showed strong resilience in 2024, recording 5.7% growth despite global and domestic challenges, according to the World Bank.

Politics

3 w. ago Ghana’s Insurance Coverage Stalls Near Historic Low Despite Economic Gains

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-insurance-coverage-stalls-near-historic-low-despite-economic-gains/If you’ve ever wondered why insurance agents seem to push so hard in Ghana, the latest central bank figures offer a clue. The Bank of Ghana’s 2024 Financial Stability Review shows insurance penetration stubbornly held at just 1.0% of GDP this year, unchanged from 2023. Using the newer IFRS 17 accounting standard, that figure actually […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-insurance-coverage-stalls-near-historic-low-despite-economic-gains/

Politics

4 w. ago Ghana Sees Sharp Drop in Bounced Cheques After BoG Crackdown

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-sees-sharp-drop-in-bounced-cheques-after-bog-crackdown/Ghana’s banking sector is witnessing a turnaround in payment discipline, with bounced cheques plunging over 15% year-on-year in 2024. ‘ The Bank of Ghana’s latest report reveals only 45,136 dud cheques were recorded down from 53,522 in 2023 attributing the decline to aggressive enforcement and public education campaigns. “A dud cheque isn’t just inconvenience it’s […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-sees-sharp-drop-in-bounced-cheques-after-bog-crackdown/

Politics

4 w. ago Credit Reference Bureau enquiries surge in 2024 as banks lead the charge

Searches and enquiries made by financial institutions and authorised users on the databases of credit reference bureaus saw a significant jump in 2024, according to the Bank of Ghana’s newly released Credit Reporting Activity report.

Politics

4 w. ago Issuance of dud cheques decreased by 15.19% in 2024 – BoG report

The Bank of Ghana (BoG) Credit Reporting for 2024 has shown a reduction in the issuance of dud cheques. A dud cheque is a cheque that a bank or financial institution refuses to honor because the account holder does not have enough money to cover the cheque’s value. It is a criminal offense under the […]

Politics