The Bank of Ghana (BoG) has proposed rules requiring lenders to assess borrowers’ ability to repay loans from income and cash flows, rather than rely on collateral.
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Source: MyJoyOnline
BoG proposes tougher rules on loan repayment assessment
The Bank of Ghana (BoG) has proposed rules requiring lenders to assess borrowers’ ability to repay loans from income and cash flows, rather than rely on collateral.
