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Tag Archives: Richmond Akwasi Atuahene

Banks prefer lending to foreign firms over local ones — BoG report

Banks prefer lending to foreign firms over local ones — BoG report 1

Follow @hiplifehiphop The recent Banking Sector Report published by the Bank of Ghana has indicated that banks prefer lending to foreign firms rather than indigenous ones due to the high Non-Performing Loans (NPLs) among local firms. Indigenous private enterprises accounted for 75.4 percent of total NPLs as at February 2019, …

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