debt recovery

The Second Deputy Governor of Bank of Ghana, Elsie Awadzi has affirmed the central bank’s commitment to a stronger credit market. During a stakeholders’ forum on collateral enforcement, the Second Deputy Governor noted that a robust credit market is essential for providing cost-effective loans to businesses, particularly small- and medium-sized enterprises (SMEs) and households. “In the end, we are all on one side. Our collective goal is to promote a stable and efficient credit system. The Bank of Ghana, as a regulator, remains committed to working with all stakeholder groups to make this mission a reality,” she stated. Amid growing concerns over…