Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Ghana's non-performing loans in the banking sector increased to 24.1% in June 2024, prompting the Bank of Ghana to plan a reduction roadmap.
Ghana's non-performing loans (NPLs) in the banking sector have risen to 24.1% in June 2024, up from 18.7% in 2023.
Factors including gov't arrears, macroeconomic instabilities, poor credit risk management, and high fiscal deficits contribute to the increase.
The Bank of Ghana is urged to create a roadmap to reduce bad loans, aiming to reduce NPLs to <10 % 2025. < by end-december span>