News dalla rete ITA

29 Luglio 2019

Ghana

BANK OF GHANA RECORDS 793 MILLION GHANA CEDIS LOSS IN 2018

 2018 Annual Report of the Bank of Ghana (BoG)  published on its website revealed that the bank recorded a loss of GHS793 million from its operations in 2018. The figure represents a more than 50 percent drop from the GHS1.6 billion the bank made in 2017 when the troubles from the banking sector were at their peak. The central bank’s Annual Report shows that the bank succeeded in reducing its cost of operations from GHS4.4 billion in 2017 to about GHS3.9 billion in 2018. In terms of income, the bank generated GHS3.1 billion in the year under review – a figure which was an 11.4 percent improvement of the amount realised in 2017. The more than 50 percent drop in the losses recorded by the bank comes after the central bank undertook a clean-up of the banking sector where a total of nine local banks had their licenses revoked. (ICE ACCRA)


Fonte notizia: citinewsroom.com