Business
Banks to Suspend Lending to Public Sector Workers Under CAG Payroll
The Ghana Association of Banks has announced it will halt new loans to public sector employees as non‑performing loans climb, following a directive from the Bank of Ghana.
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banks
6 stories tagged “banks”.
Tagged banks
Business
Banks Accounted for 86.28% of Credit Enquiries in 2025
The Bank of Ghana’s 2025 Credit Reporting data shows banks leading the market, with mobile money loans and payroll lending driving the surge in credit checks.
Business
Finance Minister Calls on Banks to Boost Lending to Productive Sectors
Dr. Cassiel Ato Forson urges Ghanaian banks to finance manufacturing, exports, agriculture and technology as part of the New Economy agenda.
General
Ghana Banks Write Off GH¢1.23bn as Bad Debt in First Half of 2026
Domestic money banks recorded a 38% rise in write‑offs, reflecting ongoing asset quality concerns despite falling non‑performing loan ratios.
Business
Ghanaian Banks Credit Profiles Improve as Fitch Raises Ratings
Fitch Ratings upgraded Ghana’s sovereign rating and several major banks, citing stronger capital ratios and a stabilised economy.
General
Ghana Banks Profit Drop: GH¢7.1bn PAT in H1 2026 Amid Low Rates
The banking sector posted a 1.3% decline in profit‑after‑tax, slipping to GH¢7.1bn, as low interest rates and higher credit costs eroded earnings.
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Politics
Frank Gavor Wins Ayawaso West Wuogon NDC Chairmanship
Gavor secured 647 votes to become the National Democratic Congress’ new constituency chairman, defeating three rivals in a tightly contested election.
Business
GoldBod Pushes Unlicensed Mining to Sustain Gold Supply
Deputy Ranking Member Akwasi Konadu criticises the board’s strategy, arguing it prioritises output over environmental safeguards.
General
PRESEC Legon Alumni Sweep Top Three at 2026 National Bible Quiz
Six former students of the Presbyterian Boys’ Secondary School dominated the university‑level final, with AGCM‑KNUST claiming the title and two other teams featuring PRESEC graduates.
Sports
GTF Congratulates Wheelchair Champions After Ga Mantse Tournament
The Ghana Tennis Federation praised the men’s and women’s wheelchair tennis finalists for their skill and resilience, urging greater support for the sport’s growth.
General
Bookworm Names Winners of 2026 Schools Reading Competition
Three students topped the grand finale in Accra, earning scholarships and laptops for their outstanding reading and comprehension skills.
General
Bookworm CEO Urges Schools to Embrace Extracurricular Activities
Nelson Kofi Poku called on parents and teachers to push pupils into competitions and public events to unlock talent and future opportunities.