Small and medium-sized enterprises (SMEs), widely recognised as the engine of Ghana’s economy, are increasingly leveraging mobile money and digital payment solutions to improve operational efficiency, strengthen financial management and unlock new opportunities for growth and access to credit, according to MobileMoney Fintech LTD (MMFL). Speaking ahead of the 2026 World SME Day, observed on […]
Ghana’s banking sector continues to navigate a difficult credit environment. While progress has been made in reducing non-performing loans (NPLs), levels remain elevated, posing ongoing risks to financial stability, credit expansion, and the growth of small and medium-sized enterprises (SMEs). As of April 2025, the sector’s NPL ratio stood at 23.6%, with private sector borrowers, […]
Advans Ghana Savings and Loans Limited has reported a net profit of GH¢66.9million for the 2025 financial year, representing a 256 percent increase from GH¢18.7million in 2024. This strong performance marks a decisive shift in the institution’s trajectory, confirming its ability to combine rapid growth with sustained impact on Ghana’s real economy. The results place […]
