BoG tasks commercial banks to increase credit base, lend to private sector
• Lending to private sector is key to spurring economic growth • The cost of credit has been high • Ghana’ banking sector has remained strong in 2021 Second Deputy Governor of the Bank of Ghana, Elsie Addo Awadzi, has tasked banks to significantly increase their credit base to lend to the private sector.
• Lending to private sector is key to spurring economic growth
• The cost of credit has been high
• Ghana’ banking sector has remained strong in 2021
Second Deputy Governor of the Bank of Ghana, Elsie Addo Awadzi, has tasked banks to significantly increase their credit base to lend to the private sector.
