A stress check carried out by the Financial institution of Ghana on banks working in Ghana indicated that some banks had been weak to extreme impairments in credit score.
Nevertheless, credit score dangers had been well-contained.
In keeping with the Central Financial institution, dangers emanating from adversarial change and rates of interest actions, in addition to liquidity pressures, had been additionally well-contained attributable to a good restrict on web open place, sound administration of maturity mismatches, and adequate liquidity.
The Financial institution of Ghana performed stress assessments to guage the resilience of the banking sector to dangers, together with sovereign, credit score, market, and liquidity.
In keeping with the regulator of the banking business, findings from the stress assessments pointed to a resilient banking sector.
On sovereign dangers, the Financial institution evaluated the anticipated influence from the Eurobond restructuring on the solvency of banks.
The evaluation confirmed that the influence was minimal on solvency since banks had made provisions in opposition to the potential losses from the Eurobond restructuring.
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