MTN Group Explores Banking Licences to Expand Lending as Mobile Money Growth Accelerates
Africa’s largest telecoms operator, MTN Group, is exploring banking licences in select markets as the company looks to expand lending…
Ghana Banking Sector
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Why Do Banks Charge Interest? A Simple Explanation
When you take a loan from a bank, you do not just repay the amount you borrowed. You repay more….
How Banks Make Money From Your Money
Most people think of a bank as a safe place to keep money. That is true, but it is only…
Bank or Savings and Loans Company? What Is the Difference?
Many Ghanaians keep their money with one institution or another without fully understanding what type of institution it is. The…
How Ghana’s Banking System Works — From Deposits to Loans
Most Ghanaians interact with banks regularly. They deposit salaries, withdraw cash, send mobile money from linked accounts, take loans, or…
