RESHAPING GHANA’S MICROFINANCE SECTOR
Ghana rural banks given a deadline of restructuring to community banks by 31st December of 2026
Read sourceBriefly tracks banking & finance developments — court rulings, legislation, gazette notices, and regulatory updates — from courts and regulators across Africa. 2 updates tracked in the past 30 days, last updated 24 Jun.
Get Banking & Finance updates in your inboxGhana rural banks given a deadline of restructuring to community banks by 31st December of 2026
Read sourceThe Central Bank of Kenya has replaced bank-specific internal base lending rates with the Kenya Shilling Overnight Interbank Average (KESONIA), restructuring the Risk-Based Credit Pricing Model under the Central Bank of Kenya Act (Cap 491) and the Banking Act (Cap 488) . The reform raises material questions of statutory authority, contractual variation, in duplum compliance, data-protection exposure in credit-risk scoring, and supervisory enforcement .
Read source