That is good performance but does not positively impact on productivity, employment and standard of living. The positive reported performances were attributed to investment income from T-bills to support government expenditur ... read full comment
That is good performance but does not positively impact on productivity, employment and standard of living. The positive reported performances were attributed to investment income from T-bills to support government expenditures which did not have direct relationship with productivity, employment and standard of living. Lets hope the T bill rates will see significant downward trend so that banks can invest more in loans at relatively lower and affordable interest rates to have real positive impact on the economy.
Donald 1 year ago
Profiteering from killer interest rates that are destroying the economy is no banking.
Profiteering from killer interest rates that are destroying the economy is no banking.
Romeo 1 year ago
Togbe was right when he said "..soon, we will be hearing the usual BOG’s self-serving statement that, “The banking industry’s performance has defied the general economic downturn with strong growth across key metrics in ... read full comment
Togbe was right when he said "..soon, we will be hearing the usual BOG’s self-serving statement that, “The banking industry’s performance has defied the general economic downturn with strong growth across key metrics including total assets and deposits, as well as sustained improvement in profitability…”. "But it does not require any banking ingenuity to make money in a 30% plus interest rate environment, even after providing for high levels of non-performing loans".
Accranie 1 year ago
Oga governor, just a reminder we are no longer in the PNDC era where the fear of Oga at the top is capable of making a civil servant say and no anything to make them happy or risk their wrath.
No serious nation clock such nu ... read full comment
Oga governor, just a reminder we are no longer in the PNDC era where the fear of Oga at the top is capable of making a civil servant say and no anything to make them happy or risk their wrath.
No serious nation clock such numbers some of us have quite an impressive footprint outside of the motherland so we can claim to be immune but to reduce the country to that of most banana republics is unsavory
Joe akwasi. Ghana is a shithole 1 year ago
Just say Nigerian banks register 224.6% growth, because I am sure ghanian banks never makes any profit. We are only good in over taxing citizens. Dead country
Just say Nigerian banks register 224.6% growth, because I am sure ghanian banks never makes any profit. We are only good in over taxing citizens. Dead country
Farmer 1 year ago
They are filling their pockets on government treasury bills. The easiest business for any bank. It has nothing to do with being excellent as a business.
They are filling their pockets on government treasury bills. The easiest business for any bank. It has nothing to do with being excellent as a business.
That is good performance but does not positively impact on productivity, employment and standard of living. The positive reported performances were attributed to investment income from T-bills to support government expenditur ...
read full comment
Profiteering from killer interest rates that are destroying the economy is no banking.
Togbe was right when he said "..soon, we will be hearing the usual BOG’s self-serving statement that, “The banking industry’s performance has defied the general economic downturn with strong growth across key metrics in ...
read full comment
Oga governor, just a reminder we are no longer in the PNDC era where the fear of Oga at the top is capable of making a civil servant say and no anything to make them happy or risk their wrath.
No serious nation clock such nu ...
read full comment
Just say Nigerian banks register 224.6% growth, because I am sure ghanian banks never makes any profit. We are only good in over taxing citizens. Dead country
They are filling their pockets on government treasury bills. The easiest business for any bank. It has nothing to do with being excellent as a business.