If the headwinds in the economy continue--its likely default rates may go higher and cause some banks to fold. Does the BOG have any measures in place to help the banks with these high default rates?
If the headwinds in the economy continue--its likely default rates may go higher and cause some banks to fold. Does the BOG have any measures in place to help the banks with these high default rates?
DAN 9 years ago
Did they check hard to make people really had jobs? Did they ask what previous debt they had..And with Ghana having no address's or social security numbers do they really know who they dealing with? Thats the purpose of credi ... read full comment
Did they check hard to make people really had jobs? Did they ask what previous debt they had..And with Ghana having no address's or social security numbers do they really know who they dealing with? Thats the purpose of credit check and even that won't help if economy goes bad and importers or traders can't sell their products
Nana Adwoa Maryland 9 years ago
Dan I agree with you I think the critical issues is the database of the populace and identification.
On the previous debt I do know as a matter of fact that a software being used by a major bank Iknow can with ssf number pro ... read full comment
Dan I agree with you I think the critical issues is the database of the populace and identification.
On the previous debt I do know as a matter of fact that a software being used by a major bank Iknow can with ssf number profile every customer who comes in for a loan and equally give the credit rating per each customer which at least lowers the impairment of loans.
The challenges wthin I believe if we push we will get there.
DAN 9 years ago
what makes you think Ghana bonds are safe
what makes you think Ghana bonds are safe
MrBoit 9 years ago
Research based on 6 out of 28 banks? A whole IEA? What a joke
Research based on 6 out of 28 banks? A whole IEA? What a joke
Swapna Guduru 9 years ago
You are soaked with ignorance, my friend. You cannot research using the whole population or everyone involved in the entity. Get some education, PAL.
You are soaked with ignorance, my friend. You cannot research using the whole population or everyone involved in the entity. Get some education, PAL.
If the headwinds in the economy continue--its likely default rates may go higher and cause some banks to fold. Does the BOG have any measures in place to help the banks with these high default rates?
Did they check hard to make people really had jobs? Did they ask what previous debt they had..And with Ghana having no address's or social security numbers do they really know who they dealing with? Thats the purpose of credi ...
read full comment
Dan I agree with you I think the critical issues is the database of the populace and identification.
On the previous debt I do know as a matter of fact that a software being used by a major bank Iknow can with ssf number pro ...
read full comment
what makes you think Ghana bonds are safe
Research based on 6 out of 28 banks? A whole IEA? What a joke
You are soaked with ignorance, my friend. You cannot research using the whole population or everyone involved in the entity. Get some education, PAL.