For a frontier market, Ghana’s banking system is very developed. The sector has expanded rapidly over the past 20 years, and a number of new banks have been licensed. Six domestic banks were established in that time, while in the 1990s several foreign entrants moved in. Though most of the fundamentals are healthy, there are still a number of challenges that limit overall efficiency and...
Financial Services
Displaying 2773 - 2778 of 4358
Chapter | Capital Markets from The Report: Ghana 2014
For a frontier market, Ghana’s banking system is very developed. The sector has expanded rapidly over the past 20 years, and a number of new banks have been licensed. Six domestic banks were established in that time, while in the 1990s several foreign entrants moved in. Though most of the fundamentals are healthy, there are still a number of challenges that limit overall efficiency and...
Ghana has developed a reputation as a robust and stable democracy, and with a storied legacy of pan-African initiatives it has long punched above its weight diplomatically. While the recent oil boom following the discovery of the offshore Jubilee field in 2007 has helped to fuel GDP growth as much as 14% over recent years, it is now projected to slow to a more modest 4.5% in 2014.
Articles & Analysis | A closer look at the direction of the country’s central bank from The Report: Jordan 2014
When it comes to managing banking sector crises, the Central Bank of Jordan (CBJ) has a solid track record of success. Over recent decades, it has been presented with a wide assortment of financial sector dilemmas, which have compelled it to respond with various and sometimes vigorous interventions.
Articles & Analysis | Market exits and strategy shifts bring fresh opportunities from The Report: Jordan 2014
Global banks have played a prominent role in the Middle East for decades, particularly in areas such as project finance where their vast capital and depth of experience grant them a competitive edge. Although regional players have grown considerably in capacity – especially in the retail segment – a closer look at the structured lending being directed towards various...
Interviews & Viewpoints | OBG talks to Ziad Fariz, Governor, Central Bank of Jordan (CBJ) from The Report: Jordan 2014
With inflationary pressures stabilising, and further cuts in key interest rates in January 2014, what are your GDP forecasts for 2014?