Olam opens up positive incentive loans for digital growth

Posted by - April 5, 2019

The Agribusiness Olam International has secured an innovative new type of corporate loan that links pricing to the borrower’s progress towards its digital transformation. The US$350m three-year revolving credit facility is a digital loan (D-loan), a form of positive incentive loan (PIL), which rewards borrowers that achieve pre-arranged targets by cutting their borrowing costs. Olam’s

UPMFB Disburses N1.1bn Loans to Customers

Posted by - March 13, 2019

The Umuchinemere Pro-credit Micro Finance Bank Enugu (UPMFB) disbursed a total of N1.1billion as loans to its customers Economy in 2018. The credit facilities where to micro small and medium scale enterprises, as well as to farmers and low income workers within its operational area that included 10 of the 17 local government areas in

Non-performing loans hit GH¢8.7bn-BOG

Posted by - September 4, 2018

Non-performing loans (NPLs) in the banking sector hit GH¢8.74 billion in June this year, according a report by the Bank of Ghana. The report showed that since the last time the figures were released in April 2018, it has gone up by some GH¢11 million since June. The central bank’s report also indicated that the

Non-Performing Loans reach GHC8 billion in June 2017 – BoG report

Posted by - September 4, 2017

The total stock of loans that banks fear may go bad have reached close to GH8 billion as at June this year, the latest Bank of Ghana Banking (BoG) sector report said. The report which tracked the performances of banks from June 2016 to June 2017 showed the latest numbers translate into a Non-Performing Loan

Asa Savings and Loans Offers Free Medical Screening

Posted by - August 1, 2017

ASA savings and Loans Limited has organized free medical screening and treatment for its clients in the Inchaban community in the Shama District of the Western Region particularly in diabetes, hypertension, and malaria The exercise according to the Regional Manager of ASA Savings and Loans Limited Mr. Haiula Hasan, this forms part of the company’s

Direct Savings and Loans Launched

Posted by - July 21, 2017

Express Capital, having acquired a savings and loans license from the Bank of Ghana and has rebranded as Direct Savings and Loans Limited as it seeks to create and sustain wealth for customers while returning excellent results for shareholders and business partners. As a leading player in financing micro, small and medium enterprises (MSMEs) in