Despite the Covid-19 pandemic, return on equity remains above 20% at three of the country’s four largest banks.
Africa
Latest articles from Ghana

First National Bank senses growth potential in Ghana
August 10, 2020Richard Hudson, chief executive officer at First National Bank Ghana, discusses the country’s expanding investment banking sector and the impact of new capital regulations

Ghana optimistic it can avoid knockout coronavirus blow
May 7, 2020Ghana will not escape the pandemic fallout hitting its tourism and resources sectors but the country hopes to avoid recession.

Ghana banks prepare for coronavirus clean-up
May 7, 2020Rigorous initiatives to clear up bad loans and recapitalise will help Ghana’s banking sector to support customers during and after the Covid-19 crisis abates.

A coming of age for African project finance: Ghana's KIPP development
November 3, 2014Ghanaian independent power project sponsor Cenpower proved that African money can finance African private sector infrastructure initiatives by raising $900m in project finance to develop the Kpone Independent Power Plant.
Fiscal mismanagement is hurting Africa
July 28, 2014Countries in Africa, including Ghana, Kenya and Zambia, are battling with wide fiscal deficits brought about by grand spending plans.

Central banks drive Africa's recovery
October 1, 2013Africa’s underdeveloped economies and financial sectors have proved a barrier for central banks implementing monetary policy and prudential regulation. But recent years have seen significant progress, thanks in no small part to central banks’ growing independence from governments.

Ghanaian banks bet on the long term
August 1, 2013Ghana’s banking industry is buoyant, benefiting handsomely from huge leaps in the country’s economic growth. But with fears the economy is overheating and competition for business fierce, what is the longer-term outlook for Ghana's banks?

Standard Chartered pushes further into Africa
July 1, 2013Standard Chartered already has one of the largest African businesses among banks from outside the continent, but it still wants to increase its operations there substantially in the next few years. Diana Layfield, its chief executive for Africa, tells Paul Wallace how.

Ghana finance minister looks to regain fiscal credibility
July 1, 2013Ghana has a rapidly growing economy and can count itself as one of Africa’s most mature democracies. But the credibility of its fiscal management was badly damaged last year when it posted a huge budget deficit. Seth Terkper, its minister of finance and economic planning, tells Paul Wallace how he plans to cut it.