33 h. ago We must find ways to reduce high NPL ratios across banks – Dr Asiamah

Governor of the Bank of Ghana, Dr. Johnson Asiamah, has called for urgent need to reduce the high levels of non-performing loans (NPLs) in the banking sector, stressing that the issue is a major challenge to financial stability.

Politics

2 d. ago Ghana’s external debt restructuring to conclude early 2025; to lead to rating upgrade – Fitch

“Foreign currency deposits are significant, but non-resident deposits are negligible, which has reduced the banking sector's exposure to capital flight. The sovereign default is less the sum deposits migrating from smaller banks to perceived safer, larger foreign-owned banks, but we are not aware of any bank experiencing a deposit run”, he added.

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5 d. ago AI Revolution in Global Banking Offers Blueprint for Ghana’s Financial Future

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/ai-revolution-in-global-banking-offers-blueprint-for-ghanas-financial-future/As international banks harness artificial intelligence to fortify their operations, Ghana’s financial sector stands at a pivotal crossroads. A 2023 McKinsey Global Banking Report underscores AI’s critical role in modern banking, revealing how institutions worldwide invest billions to combat loan defaults, fraud, and compliance gaps. For Ghana—grappling with a 14.8% non-performing loan ratio and GHS […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/ai-revolution-in-global-banking-offers-blueprint-for-ghanas-financial-future/

Politics

6 d. ago Prof. John Gatsi Urges Compensation for Collapsed Bank Owners to Restore Investor Confidence

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/prof-john-gatsi-urges-compensation-for-collapsed-bank-owners-to-restore-investor-confidence/Professor John Gatsi, Dean of the University of Cape Coast (UCC) Business School, has called on Dr. Johnson Pandit Asiama, the newly appointed Governor of the Bank of Ghana (BoG), to prioritize compensating owners of banks that were shut down during the financial sector clean-up. Speaking on the need to restore trust and fairness in […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/prof-john-gatsi-urges-compensation-for-collapsed-bank-owners-to-restore-investor-confidence/

Politics

8 d. ago Bank of Ghana to enact new foreign exchange law – Johnson Asiama

The Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has announced that a new foreign exchange law will be enacted as part of efforts to strengthen the country’s banking sector.

Politics

8 d. ago Video: Dr Asiama outlines six ‘strategic interventions’ to strengthen banking sector

The Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has outlined six key approaches he plans to implement as the new governor, aimed at strengthening the bank and financial institutions in the country.

Politics