BoG to issue new Credit Risk Directive as NPL ratio in the Savings and Loans sector deteriorates
The Bank of Ghana (BoG) has announced plans to issue a Credit Risk Management Directive to strengthen lending practices, improve loan recovery and address rising non-performing loans (NPLs) in the financial sector. Second Deputy Governor Mrs Matilda Asante-Asiedu announced this on Wednesday, October 7, at the commissioning of Advans Ghana Savings and Loans’ new head […]
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