Non-interest banking and finance will empower businesses - ADB MD

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Accranie 3 months ago

@A Pillar Of Ghana Society/ Owes Our Senior Here A Thank You/ For Sending Us/ Our Share Of The Wedding Food/ On Such An Occasion/ As The Wedding Of Her Younger Sister / With The Pleasantrys Being Said/ Non Interest Banking Co ...
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@A Pillar Of Ghana Society/ Owes Our Senior Here A Thank You/ For Sending Us/ Our Share Of The Wedding Food/ On Such An Occasion/ As The Wedding Of Her Younger Sister / With The Pleasantrys Being Said/ Non Interest Banking Comes In Vary Forms
Accranie 3 months ago

Dr Shaibu/ In His Article/ On This Same Online Newspaper/ Recommended The Middle Eastern Form Of Financing Tools/ The Two Principals Ones Being Bonds/Joint Ventures

Dr Shaibu/ In His Article/ On This Same Online Newspaper/ Recommended The Middle Eastern Form Of Financing Tools/ The Two Principals Ones Being Bonds/Joint Ventures
Accranie 3 months ago

Dr Also Conducted A SWOT Test On The Current Financing/Banking System/& It's Effect On The Nation Building/Economic Development/Uplifting The Standard Of Living Of The Ordinary People/& The Results Is Shameful To Say The Leas ...
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Dr Also Conducted A SWOT Test On The Current Financing/Banking System/& It's Effect On The Nation Building/Economic Development/Uplifting The Standard Of Living Of The Ordinary People/& The Results Is Shameful To Say The Least/ Financing& Banking In Gh According To Him/ Has Not Been Conducted In An Ethical Manner/Not Fit For Purposes/Limiting Among Many Weaknesses He Detected During His SWOT Test
Ishmael Otchere 3 months ago

It’s a welcome initiative!

It’s a welcome initiative!
Accranie 3 months ago

@Dr &His Organisation/ Did The Honourable Thing By Stating The Reason/s That Have Compelled Them/ To Import A Financial System From The Middle East Into Ghana/ & Our Take Is On His Perspective/ On The Lack Of Ethics In Ghana' ...
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@Dr &His Organisation/ Did The Honourable Thing By Stating The Reason/s That Have Compelled Them/ To Import A Financial System From The Middle East Into Ghana/ & Our Take Is On His Perspective/ On The Lack Of Ethics In Ghana's Financial/& Banking Sector
Accranie 3 months ago

Here(Gh/African Context) We'll Define Ethics/ As The Willingness Of Government Institutions&People Working In Government/ To Abide By It's Own Laws/Statues/Rules(Meaning Laws/Statues/Rules They ThemSelves Have Set)

Here(Gh/African Context) We'll Define Ethics/ As The Willingness Of Government Institutions&People Working In Government/ To Abide By It's Own Laws/Statues/Rules(Meaning Laws/Statues/Rules They ThemSelves Have Set)
Accranie 3 months ago

Dr/ Have Put The Figure Of Non Performing Loans At Almost 25% In The Ghana Banking Space/& Considering The Nature Of The Profession/ The Loan Application/ Processing/ Granting/Recovery/ Closing Processes One Can Tell That / ...
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Dr/ Have Put The Figure Of Non Performing Loans At Almost 25% In The Ghana Banking Space/& Considering The Nature Of The Profession/ The Loan Application/ Processing/ Granting/Recovery/ Closing Processes One Can Tell That / This Happening Is Premeditated
Accranie 3 months ago

To Summarize/ Players In The Financial& Banking Space Knowingly Make Loans/Advances To People/ With The Fore Knowledge That Those Loans/Advances Are Going To Go Bad/ A Very Difficult Fact

To Summarize/ Players In The Financial& Banking Space Knowingly Make Loans/Advances To People/ With The Fore Knowledge That Those Loans/Advances Are Going To Go Bad/ A Very Difficult Fact
Accranie 3 months ago

To Fathom/ A Leisurely Examination Of The Facts/ Is Concerning Because/ This Violation Of The Principles Of Ethics By Government& People Working In Government Holds Some Water/ In Gh Recently(Accra/The Capital City Branded T ...
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To Fathom/ A Leisurely Examination Of The Facts/ Is Concerning Because/ This Violation Of The Principles Of Ethics By Government& People Working In Government Holds Some Water/ In Gh Recently(Accra/The Capital City Branded T Shirt Variant) Concluded Banking Sector Clean Up Exercise
Accranie 3 months ago

9 Banks/ 15 Saving& Loan Companys/ 8 Finances Houses/39 Microcredit Companys/347 Micro Finance Companys

9 Banks/ 15 Saving& Loan Companys/ 8 Finances Houses/39 Microcredit Companys/347 Micro Finance Companys
Accranie 3 months ago

& Many Others Were Closed Down/ & The Reasons For Their Closing Down By One Commentator Were Cooperate Governance Issues/Related Party Issues/Risk Management Issues/ Non Compliance /Supervision Issues

& Many Others Were Closed Down/ & The Reasons For Their Closing Down By One Commentator Were Cooperate Governance Issues/Related Party Issues/Risk Management Issues/ Non Compliance /Supervision Issues
Accranie 3 months ago

Since/ Our Focus/ Is On Non Performing Loans/& How i

Since/ Our Focus/ Is On Non Performing Loans/& How i
Accranie 3 months ago

Will Explain How It Was The Single Largest Contributor/ To The Collapse Of The Financial/Banking Sector/ The Revocation Of The Permits Of The Affected Banks To Continue To Operate/& How It Cost The Gh Taxpayer/ In The Amounts ...
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Will Explain How It Was The Single Largest Contributor/ To The Collapse Of The Financial/Banking Sector/ The Revocation Of The Permits Of The Affected Banks To Continue To Operate/& How It Cost The Gh Taxpayer/ In The Amounts Government Had To Dole Out In BailOut/ Job Loses/ Breach Of Public Trust/& Many Other Forms Of Cost
Accranie 3 months ago

@The Time Of Dr/ Going To The Press With His Article/ Ghana's Reserve Bank Rate Of Loaning Funds To Financial Institutions/ Banks Was Some 27%/ Since This Explaination Goes Out To The Ordinary Gh To UnderStand Why The ff Coun ...
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@The Time Of Dr/ Going To The Press With His Article/ Ghana's Reserve Bank Rate Of Loaning Funds To Financial Institutions/ Banks Was Some 27%/ Since This Explaination Goes Out To The Ordinary Gh To UnderStand Why The ff Countrymen Are Importing A Middle Eastern Variant Of Banking System/ The Financial Institution/Banks Will Also Add Their Mandatory 5%-6%/ To The Reserve Banks 27%/& Loans Out To The Gh Public @ 32%33%
Accranie 3 months ago

Since This Explanation Goes Towards/ Ascertaining Why Permitting This Phenomenon Of Non Performing Loans/Not To Be Addressed/ From One Year/To The Next/ Is A Breach Of Ethical Standards Of Material Proportions/ By The Supervi ...
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Since This Explanation Goes Towards/ Ascertaining Why Permitting This Phenomenon Of Non Performing Loans/Not To Be Addressed/ From One Year/To The Next/ Is A Breach Of Ethical Standards Of Material Proportions/ By The Supervising Authorities/ A Typical Consolidated Financial Statement OF All The Financial Institution/ Banks In Year 202X Will Take The ff Template

Interest Income
Interest Payment
Gross Profit/(Loss)
Administration Cost
Rentals/Leases
Wages/Salarys
Bad Debt Provision For Bad Debt
Other Operating Cost
Net Profit/(Loss)
Accranie 3 months ago

Assuming ¢100 Was The Total Amount Loaned By All Gh Financial Institutions/Banks @ Year Ending 31/12/202X

Interest Income(100@32%) 32
Interest Payment(100@27%)(27)
Gross Profit 5

Assuming ¢100 Was The Total Amount Loaned By All Gh Financial Institutions/Banks @ Year Ending 31/12/202X

Interest Income(100@32%) 32
Interest Payment(100@27%)(27)
Gross Profit 5
Accranie 3 months ago

Administrative Cost
Rental/Leases
Wages/Salarys
Bad Debt& Provision Of Bad Debt(100@25%) (25)
Other Operating Cost
Net Profit(Loss)

A Gross Profit Of ¢5 & Bad Debt(Non Performing Loans) Of ¢25 Alone Wipes Out The En ...
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Administrative Cost
Rental/Leases
Wages/Salarys
Bad Debt& Provision Of Bad Debt(100@25%) (25)
Other Operating Cost
Net Profit(Loss)

A Gross Profit Of ¢5 & Bad Debt(Non Performing Loans) Of ¢25 Alone Wipes Out The Entire Gross Profit/ Leaving ¢20 As Net Loss/ Considering There Was No Other Operating Expenses/ Accounting For A Years Operating Cost Can Only Add Up To The ¢20 Loss
Accranie 3 months ago

This Is The Operating Income Statement Of Gh Financial Institutions/Bank Inc. An Almost Perpetual/ Loss Making Sector/ & This Picture Of Gloom/ Is What Might Have Led Dr Shaibu &Co. To Decide It Was Time To Call It Quits/& Se ...
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This Is The Operating Income Statement Of Gh Financial Institutions/Bank Inc. An Almost Perpetual/ Loss Making Sector/ & This Picture Of Gloom/ Is What Might Have Led Dr Shaibu &Co. To Decide It Was Time To Call It Quits/& Sever The Ties/ That Bonds Them To Banking As It Is Today

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Non-interest banking and finance will empower businesses - ADB MD

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