Tag Archives: Banks

The banking sector of Ghana’s economy posted unexpected, relatively strong performance during the first half of the year, despite the lingering effects of the Domestic Debt Exchange Programme (DDEP), the Minister of Finance Ken Ofori-Atta has said. He said that the banks have reported increased deposits and investments, higher profitability and …

The Ghana Association of Banks (GAB) has directed commercial banks not to sign onto the amended debt exchange offer over uncertainty surrounding the impact of the debt restructuring on the banking industry. The association wants its concerns addressed before accepting the debt exchange offer, according to a letter sent to …