Banks battle for deposits

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• DIET 8 years ago

  THERE SEEMS TO BE TOO MANY COMMERCIAL BANKS IN GNANA COMPARED TO THE SIZE OF THE ECONOMY.POOR SERVICE IS THE ORDER OF THE DAY IN MOST OF THESE BANKS BECAUSE THEY EMPLOY UNQUALIFIED STAFF.THE BoG SHOULD TRIM THE BANKS TO AN OP ...
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  THERE SEEMS TO BE TOO MANY COMMERCIAL BANKS IN GNANA COMPARED TO THE SIZE OF THE ECONOMY.POOR SERVICE IS THE ORDER OF THE DAY IN MOST OF THESE BANKS BECAUSE THEY EMPLOY UNQUALIFIED STAFF.THE BoG SHOULD TRIM THE BANKS TO AN OPTIMUM SIZE.

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• osbon 8 years ago

  we borrowed too much and nothing to show for. That is what put the pressure on us. Trust me. we just can't continue borrow to pay interest on the previously borrowed money.

  we borrowed too much and nothing to show for. That is what put the pressure on us. Trust me. we just can't continue borrow to pay interest on the previously borrowed money.

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• ed 8 years ago

  THE BANKS THAT HAVE BEEN RIPPING US OFF WITH 21%-25 % INTREST RATES ON BUSNISS AND HOME LOANS AND CHARGING US FEES ALL THE TIME HAVE ZERO SYMPATHY FROM US THE PEOPLE OF GHANA.
  ****PEOPLE INVEST IN LAND,IN CARS ,IN NEW R ...
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  THE BANKS THAT HAVE BEEN RIPPING US OFF WITH 21%-25 % INTREST RATES ON BUSNISS AND HOME LOANS AND CHARGING US FEES ALL THE TIME HAVE ZERO SYMPATHY FROM US THE PEOPLE OF GHANA.
  ****PEOPLE INVEST IN LAND,IN CARS ,IN NEW REF,NEW A/C SYSTEM ANYTHING THAT KEEPS VALUE IN GHANA ,DO NOT DEPOSIT YOUR MONEY WITH GHANA BANKSTERS THAT STEAL YOUR MONEY IN SMART WAYS THAT YOU CANT EVEN TELL***

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• mensa 8 years ago

  don't buy the story that the banksters losing any money on bad loan they don't. any loan that they "give" us the consumers is insured against default sometime by
  multiple insurance policy's which mean that if the loan d ...
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  don't buy the story that the banksters losing any money on bad loan they don't. any loan that they "give" us the consumers is insured against default sometime by
  multiple insurance policy's which mean that if the loan default the banksters get their money few times over because the loan as stated above was insured few times by different insurance companys,so they go to each insurance company and collect the amount of the loan making themselves richer more then they have been at the start

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• Asirifi 8 years ago

  what developed country or government do you know, would allow to citizens who have idea, establish a business to pay %32-35 interest on business loan, it is not encouraging, that why these foreigner in the society lead us in ...
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  what developed country or government do you know, would allow to citizens who have idea, establish a business to pay %32-35 interest on business loan, it is not encouraging, that why these foreigner in the society lead us in all aspect of business. I have no sympathy for banks loosing

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