Ghana’s Banking Industry in 2015 | Overview

“The banking industry has always been vibrant and robust. It has been a very, very tough first half of 2015,” notes Frank Brako Adu Jr, Managing Director of CAL Bank.

The second half of 2015 is expected to be even tougher.

“The growth rates that you see in the banking sector, although there are maybe one or two individual star performers, across the board the rates will be heavily influenced by the devaluation of the currency and not by real growth,” he explains.