IMF cites improved Ghana banking sector stability post DDEP

IMF cites improved Ghana banking sector stability post DDEP

IMF cites improved Ghana banking sector stability post DDEP – Ghana Business News Home Lead Story IMF cites improved Ghana banking sector stability post DDEP The post IMF cites improved Ghana banking sector stability post DDEP appeared first on Ghanamma.com.

IMF cites improved Ghana banking sector stability post DDEP - Ghana Business News

Ghana’s financial sector is showing significant signs of stability and recovery following the Domestic Debt Exchange Programme (DDEP). According to the IMF, most of the banks have met or exceeded their recapitalization targets by the close of 2024. This positive assessment comes from a recent International Monetary Fund (IMF) report on Ghana’s financial sector. The report highlighted that 13 banks, which recorded capital deficits after the DDEP,…

Weak bank framework must be addressed

The International Monetary Fund (IMF) has urged Vietnam to reinforce banking supervision, strengthen capital and liquidity buffers, and, most importantly, modernise its framework for resolving weak banks, an issue long embedded in the country’s financial system. The recommendations were delivered following the IMF’s Article IV Consultation Mission to Vietnam, which took place from June 11 to 24. Led by Paulo Medas, the IMF delegation engaged in …