BoG inaugurates council to guide regulation of non-interest banking

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Wisdom 2 days ago

Is a good step in the right direction if everything go through

Is a good step in the right direction if everything go through
Kwa 2 days ago

Do you understand the implications of no interest banking? It's just a gimmick

Do you understand the implications of no interest banking? It's just a gimmick
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116
Kwaku 2 days ago

Of course each of those experts and advisers will need a special assistant. Everyone will chop small.

Of course each of those experts and advisers will need a special assistant. Everyone will chop small.
Schoolboy Reports 2 days ago

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The Old English Saying Is That Variety Is The Spice Of Life
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131
Kwa 1 day ago

Every person who puts their money in the bank expects it to earn interest so the money doesn't lose value because of inflation. To cover this, the bank loans out money and charges a higher interest than it pays out.
Now they ...
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Every person who puts their money in the bank expects it to earn interest so the money doesn't lose value because of inflation. To cover this, the bank loans out money and charges a higher interest than it pays out.
Now they are going to reduce the inflow and keep paying interest on deposits? Do they wash their face upwards?

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BoG inaugurates council to guide regulation of non-interest banking

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