The current banking crisis, in Ghana, has led to the closures of some 420 financial institutions licensed under the Banks and Specialized Deposit-Taking.

5 окт. 2023 г. · By September 2022, Ghana's total debt had surged to $55bn. This meant the government needed in excess of 70% of its income to service the debt, ...

16 июн. 2024 г. · It rose from 24.6% in 2008 to about 79.2% in 2021. This drove up the inflation rate because when the government borrows heavily, it increases ...

20 мая 2024 г. · This study examines the causes and remedial measures of the ongoing banking crises in Ghana using cross-sectional survey research.

This is because, financial sector reform has become topical within the past few years as a result of the collapse of several banks and other financial ...

For a country such as Ghana, its financial system is very important to the realization of the high aspirations for socio-economic development of its people.

in crisis. Most of these banks had been at the risk of defaulting on their loans, as they had been. affected by the economic fallout of the Great Recession.

The Case Against Affected Banks. Following are the summaries of the matters raised by the Bank of Ghana against the 10 banks for which their banking licenses ...

5 сент. 2024 г. · The study revealed that the collapse of the banks had major impacts on customers including loss of capital, disincentive to do further savings, inability to ...