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Ghana tightens grip on banks over alarming bad loans

Dr Johnson Asiama, Governor of the Bank of Ghana @ Facebook/BoG
Dr Johnson Asiama, Governor of the Bank of Ghana @ Facebook/BoG

laudnartey

Laud Nartey is a Ghanaian journalist covering business reporting.
  • Non-performing loans hit 23.1% in Ghana, prompting tighter supervision
  • Financial experts urge stricter risk controls amid fears of systemic risks

ACCRA, GHANA – Ghana’s commercial banking sector is facing increased scrutiny after the non-performing loan (NPL) ratio surged to 23.1%, raising alarms over poor debt recovery and growing financial risks.

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