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Bank of Ghana Pushes Banks to Lend More

2 entriesThu, Jun 18Tue, Jun 23Fintech & Payments

Timeline

  1. Tue, Jun 23LatestUnverified — not yet reviewed

    Ghana digital workforce and non-interest banking reforms signal new policy and financial product frameworks

    Ghana's National Youth Authority CEO has called for urgent policy reforms to protect the country's growing digital gig workforce, flagging a regulatory gap with direct implications for platform economy operators. Separately, Ghana's regulators and commercial banks have completed non-interest banking training in Malaysia, signalling imminent introduction of Islamic finance product frameworks in the Ghanaian market. Together the developments indicate that Ghana's financial services regulatory environment is widening in scope and complexity.

  2. Thu, Jun 18Unverified — not yet reviewed

    Bank of Ghana urges banks to fund entrepreneurs and support exports

    The Bank of Ghana Governor has publicly called on commercial banks to increase lending to entrepreneurs and export-oriented businesses, signalling a policy shift toward productive-sector credit allocation. Combined with the launch of the Ghana National Research Fund by President Mahama, the moves reflect a government push to activate domestic innovation financing.