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Banks have started calling customers for loans, says BoG Governor
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News – MyJoyOnline
Dr Johnson Asiama, BoG GovernorCommercial banks have begun actively approaching customers with loan offers, a development the Bank of Ghana (BoG) says indicates improving liquidity conditions and a strengthening banking sector following recent monetary easing.
“Banks are beginning to call clients if they need loans,” the Governor said.
Dr Asiama described the trend as a positive signal of renewed confidence in the financial system, reflecting stronger balance sheets, improved liquidity positions, and an increased appetite among banks to support private-sector activity.
The Governor stressed that the rate cut reflects the central bank’s intention to support economic growth and credit expansion while safeguarding price stability.
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