Business News of Tuesday, 27 April 2021Source: www.ghanaweb.comThe Bank of Ghana's Monetary Policy Committee (MPC) has released a report on an overview of developments in Ghana's banking sector for the period between January to March 2021. According to a statement issued by the central bank, Ghana's banking sector performance during the first two months of 2021 remained broadly liquid, profitable, well-capitalized, and resilient. "The latest credit conditions survey shows that credit growth is expected to pick up on the back of anticipated increases in credit demand and continuous ease in credit stance in the next two months. Looking ahead, the banking sector remains well-positioned to continue with its core business of financial intermediation to support the on-going recovery process. Banks are projected to sustain the strong performance under mild to moderate stress conditions.

Source: GhanaWeb April 27, 2021 12:45 UTC