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North Tema Cooperative Credit Union records 20% loan delinquency rate
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North Tema Cooperative Credit Union records 20% loan delinquency rate
By Miriam Oparebea Tema, July 18, GNA — The North Tema Cooperative Credit Union Limited (NTCCU) has recorded a 20 per cent loan delinquency rate—well above the industry benchmark of three per cent—prompting management to introduce stricter loan recovery measures to protect members’ deposits. The new measures include mandatory collateral for selected loan facilities, integration with the Credit Reference Bureau to screen prospective borrowers…
·Ghana
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