Tag: Microfinance
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Bank of Ghana Sets 2026 Deadline for Banks to Slash Bad Loans
Ghana’s central bank has ordered all regulated financial institutions to cut their non-performing loan (NPL) ratios to 10% or lower by December 2026—or face...
Advans Ghana Posts 400% Profit Surge as Lending Soars
Advans Ghana Savings and Loans reported a striking 400% jump in profit for the first half of 2025, surging from GH¢5.4 million last year...
Letshego Pushes for Full Local Funding Amid FX Squeeze
Letshego Savings and Loans is racing to eliminate foreign currency risks by shifting entirely to local funding by year-end.
The move comes after exchange rate...
Mumuadu Rural Bank Posts Record 215% Profit Surge
Osino’s Mumuadu Rural Bank PLC delivered outstanding financial results for 2024, announcing a staggering 215% leap in pre-tax profit during its 36th Annual General...
Letshego Ghana Reports Resilient First Half Performance
Letshego Ghana Savings and Loans PLC demonstrated robust financial health for the first half of 2025, navigating persistent economic pressures.
The company announced its results...
