Banks lose out on risk-free oil deals

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• Yaw Boamah 11 years ago

  They wants to make huge profits without taking any risk, I won't call them banks, but rather susu collectors

  They wants to make huge profits without taking any risk, I won't call them banks, but rather susu collectors

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• JAMES Y 11 years ago

  The banks need to be educated to enable them to identify areas of the oil and gas industry which have low risks. An informed bank should be able give loans to local businesses in those areas of operation with lower risks. The ...
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  The banks need to be educated to enable them to identify areas of the oil and gas industry which have low risks. An informed bank should be able give loans to local businesses in those areas of operation with lower risks. The Nigerians have taken advantage of the facilities offered by their banks in the oil industry and this is making their local businesses flourishing and making dollar millionaires. Ghana must, surely, replicate this.

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