Governor urges banks to deepen financing for SMEs, agriculture
The Bank of Ghana has urged banks to expand productive lending by developing flexible financing products tailored to small and medium-sized enterprises (SMEs), particularly in agriculture. The post Governor urges banks to deepen financing for SMEs, agriculture appeared first on Ghana Business News .
The Bank of Ghana has urged banks to expand productive lending by developing flexible financing products tailored to small and medium-sized enterprises (SMEs), particularly in agriculture. Governor Dr Johnson Asiama emphasized the importance of understanding the businesses and sectors they serve and designing financing products that reflect their specific needs.
He highlighted the improving economic environment, urging banks to take advantage of it to increase lending to productive sectors and develop flexible credit products that align loan repayment schedules with borrowers' cash-flow patterns.
Brief written by urgent.news from Ghana Business News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
