BoG to tighten banks’ credit risk controls as private-sector lending surges 35.5%
The Bank of Ghana (BoG)is set to introduce a new Credit Risk Management Directive as private-sector credit growth accelerates sharply, raising the need for stronger safeguards against a deterioration in banks’ loan portfolios. Governor Dr Johnson Asiama said the directive will strengthen banks’ credit risk frameworks amid a significant rebound in lending to the private […]
The Bank of Ghana (BoG)is set to introduce a new Credit Risk Management Directive as private-sector credit growth accelerates sharply, raising the need for stronger safeguards against a deterioration in banks’ loan portfolios. Governor Dr Johnson Asiama said the directive will strengthen banks’ credit risk frameworks amid a significant rebound in lending to the private […]