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Cedi depreciation: Is remittances the forgotten saviour?

Cedi depreciation: Is remittances the forgotten saviour?
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Excessive subscription of government bonds may pose risks to banking sector – Report

Excessive subscription of government bonds may pose risks to banking sector – Report
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Excessive subscription of government bonds may pose risks to banking sector – Report –

Excessive subscription of government bonds may pose risks to banking sector – Report –
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DDEP: Banks lost ¢7.3bn instead of ¢41.3bn due to revise discount rate

“Using the 16% discount rate for the NPV for government bonds calculation resulted in DDEP losses of 22 banks stood at ¢7.3 billion with the foreign banks, private domestic banks and state-owned banks accounting for losses. The Banking sector held about ¢50.6 billion out of ¢ 87 billion restructured from Treasury bonds, ESLA and Daakye bonds excluding pension funds", it stated.

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DDEP: Revised discount rate limits bank losses to ¢7.3bn, easing potential ¢41.3bn impact

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