Banks’ 60% profit for 2013 lower than previous years

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• The mask 10 years ago

  The government must ensure that the state owned and the wholly Ghanaian owned banks get at least 80% of the banking revenue in Ghana.

  The government must ensure that the state owned and the wholly Ghanaian owned banks get at least 80% of the banking revenue in Ghana.

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• GAbaa 10 years ago

  IF BANKS MAKE 60 PERCENT PROFIT THEN THERE IS SOMTHING WRONG. HOW CAN BUSINESS GROW IF THE LOAN RATES ARE THEY HIGH. WE WILL ALL PERISH

  IF BANKS MAKE 60 PERCENT PROFIT THEN THERE IS SOMTHING WRONG. HOW CAN BUSINESS GROW IF THE LOAN RATES ARE THEY HIGH. WE WILL ALL PERISH

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• Efienyansa 10 years ago

  Thinks this is a wonderful achievement,then they should think again! How can legitimate businesses thrive when the cost of money is at a 'cut-throat' rate of 30%. No wonder big foreign banks like First Allied Bank of Nigeria, ...
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  Thinks this is a wonderful achievement,then they should think again! How can legitimate businesses thrive when the cost of money is at a 'cut-throat' rate of 30%. No wonder big foreign banks like First Allied Bank of Nigeria,are clamouring to get a piece of the action! The BoG`s prime rate now set at 16% is fuelling the usurious practices of the banks operating in this country. I suspect a lot of these outside banks have been making 'tons' of money from interest rate arbitrage, quite apart from the bonanza they reap from buying risk-free govt T-bills.
  What counter-productive policies we seem to be following!

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• Joe 10 years ago

  How can the banks make 60.1% profit at the expense of the poor traders. The reason is that they lend the loans to people at draconian interest rates. Stupid country

  How can the banks make 60.1% profit at the expense of the poor traders. The reason is that they lend the loans to people at draconian interest rates. Stupid country

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