The Bank of Ghana has promised to ensure that banks with capital gaps adhere to their committed recapitalisation plans to shore up solvency.<\/p>\n
This follows a stronger-than-projected growth and generally improved macroeconomic conditions, spilling over positively to the banking sector.<\/p>\n
In its January 2025 Monetary Policy Report, it said supervisory activities will be intensified to ensure that banks continue to address the high Non-Performing Loans (NPLs) ratio, which poses potential risks to the stability of the industry.<\/p>\n
It added that the improvement in domestic macroeconomic conditions is also expected to bolster debt servicing capabilities of corporate and household sectors, which would help mitigate further build-up of NPLs within the industry.<\/p>\n
Meanwhile, the private sector credit growth continued to increase towards pre-2022 macroeconomic crisis levels, albeit slowly.<\/p>\n
Nominal growth in the private sector credit increased to 26.3% in December 2024 from 10.7% recorded in the corresponding period of 2023.<\/p>\n
In real terms, credit to the private sector increased by 2.0% relative to a 10.2% contraction recorded over the same comparative period in the previous year.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Bank of Ghana has promised to ensure that banks with capital gaps adhere to their committed recapitalisation plans to shore up solvency. This follows a stronger-than-projected growth and generally improved macroeconomic conditions, spilling over positively to the banking sector. In its January 2025 Monetary Policy Report, it said supervisory activities will be intensified to […]<\/p>\n","protected":false},"author":2,"featured_media":10041,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[9,41],"tags":[3240,1156,3241],"class_list":["post-10040","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-general-news","tag-banks","tag-bog","tag-capital-gaps"],"_links":{"self":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/10040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10040"}],"version-history":[{"count":1,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/10040\/revisions"}],"predecessor-version":[{"id":10042,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/10040\/revisions\/10042"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/media\/10041"}],"wp:attachment":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}