Women led businesses

Dr. Kweku Arthur-Annobil, Business Strategy Manager of Business and Commercial Banking at Stanbic Bank Ghana, has urged Ghanaian banks to find innovative ways to support women-led businesses, especially in the face of current economic challenges. Dr. Arthur-Annobil said this during a multi-stakeholder engagement on enabling resilient women-led businesses in Ghana. Speaking on a panel discussion on the subject, he emphasized the crucial role banks must play in supporting women-led businesses. He noted that “Non-Performing Loans (NPL) ratio, which has increased from 15% in early January 2023 to nearly 30%, reflects the lingering effects of the economic difficulties from 2020 and…