Share of microfinance sector to overall banking sector declined to 8.0% – BoG

The share of the microfinance sector to the overall banking sector declined from about 15% to 8.0% between 2017 and 2024. According to the Bank of Ghana, this decline is not merely a financial outcome, but it reflects a reduced contribution to financial inclusion and development, as well as an erosion of confidence in the […]

Source: www.myjoyonline.com

Read full article