Ghana Banking Sector Banks increase willingness to lend

This means that banks have become more willing to lend to businesses in October 2015 as compared to June 2015.

  • Published:
Banking Hall in Ghana play

Banking Hall in Ghana

24/7 Live - Subscribe to the Pulse Newsletter!

The Bank of Ghana's latest Financial Stability Report has revealed that banks have relaxed their stance on lending to enterprises and househlds.

This means that banks have become more willing to lend to businesses in October 2015 as compared to June 2015.

The Bank of Ghana attributed this to more confidence in the economic conditions prevailing in the business climate, making banks more confident in lending to businesses.

Banks were more willing to issue out both short- term and long- term loans to small and large businesses due to stability in exchange rates,  inflationa dn ongoing fiscal consolidation.

Consequently, revenue from loans have been identified as the highest source revenue for banks in 2015.

Cash from loans constituted 51.5 percent of total income in December 2015 compared with 45.5 percent in December 2014, with the second highest being from fees and commissions.

                                                 Read More

29.3 percent of income from banks for 2015 was from investments including treasury bills, shares and other equities. While the rest of their income making up of about 11.6 percent came from fees and commissions.

play Excerpt of Financial Stability Report 2015


According to the report, investment income share of 29.3 percent of total income in December 2015 was marginally above the 29.2 percent recorded in December 2014.

The share of income from fees and commission however declined to 11.6 percent in December 2015 from 12.8 percent in December 2014. While banks’ investment in securities as a share of total investment decreased to 18.0 percent in December 2015 from 26.4 percent in December 2014. Banks investment in Tbills up by 12%. 

Investment in treasury bills as a share of total investment however increased to 79.1 percent in December 2015 from 70.2 percent in December 2014.

 Banks’ investments in shares and other equities as a share of total investment also declined to 2.9 percent as at December 2015 from 3.4 percent in the same period the previous year.

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email:

Recommended Articles

Recommended Videos

Top Articles

1 Software Scandal EOCO indicts SSNIT managers over $72m software scandalbullet
2 Salaries In 2018 Here are the dates public workers will be paid in 2018bullet
3 Collapsed Banks Assets of UT Bank and Capital Bank for salebullet
4 David Ampofo Writes Is Ghana's cashew another cocoa?bullet
5 Menzgold Ghana Don't deposit money with Menzgold – BoG cautions...bullet
6 In Accra Susu collectors give gov’t 1 week ultimatum to stop...bullet
7 Taxes In Ghana 3% VAT flat rate takes off in July 1bullet
8 NPP Government Nana Addo nominates Dr Agnes Adu as MD of GTFCbullet
9 In Singapore Government to pay bonus to all citizens...bullet
10 Movie Time Kumasi City Mall raises the bar; opens...bullet

Top Videos

1 New Discovery Ghana discovers new mineral, lithium in commercial quantitiesbullet
2 Money Alert Meet Africa's richest womanbullet
3 Forbes 2018 Africa's billionaires rich listbullet
4 Support Finance minister buys Kantanka carbullet
5 Dr Joseph Siaw Agyepong Nobody can collapse my company – JOSPONGbullet
6 Plane Crash Starbow suspends operations following plane crashbullet
7 Bozoma Saint John 10 quotes from Uber top official, Bozoma,...bullet
8 Tech 6 reasons you should buy an iPhone SE instead of any...bullet
9 Video We are determined to move Ghana beyond aid - Bawumiabullet
10 MTN Mobile Money Adbullet