The latest data emanating from the Bank of Ghana through its Banking Sector Developments Report dated April 2021 shows how Ghana’s banking industry has gone about major restructuring of the respective balance sheets in response to the impacts of COVID 19 on the economy. The restructuring of their assets and liabilities has basically aimed to …
Month: May 2021
The Securities and Exchange Commission (SEC) and IFC, a member of the World Bank Group, have unveilled a partnership to facilitate investments in projects which address climate and environmental issues through green bonds. Under the agreement, IFC will help the SEC develop guidelines for issuers and investors of green bonds in Ghana. The introduction of …
Ghana’s economy has ranked 73rd in the world in terms of Gross Domestic Product (GDP) for the year 2019 making it the 8th largest economy in Africa. The 2020 figures are not expected for another one year. According to the World Bank, Ghana’s economy stood at about US$67 billion in size in 2019, making it …