A whole lot about what he is 'yapping' about! Most banks in this country,particularly the state-owned ones,are the worst culprits in this poor savings issue! They would rather 'invest' in these govt financial instruments to m ... read full comment
A whole lot about what he is 'yapping' about! Most banks in this country,particularly the state-owned ones,are the worst culprits in this poor savings issue! They would rather 'invest' in these govt financial instruments to make a fast buck, than devise mutually beneficial schemes - attractive and flexible mortgages for instance, to help spur sustained growth in say the housing sector.
How many banks are interested in partenering the govt to promote the much talked-about Youth in agriculture program? They would rather lend to market mammies and 'city-slickers' who ply their trade along the Accra-Dubai-Shanghai route than assist the rural folk,period!
GHANA MMA 9 years ago
ONLY A FOOL WILL SAVE LARGE SUMS OF CEDIS IN A BANK ACCOUNT IN GHANA.
THE PURCHASING POWER OF THE CEDI CONTINUES TO FALL, AND DEPRECIATION OF THE GHANA CEDI CONTINUES UNABATED.
ONLY ILLITERATES WILL SAVE THEIR CEDIS IN ... read full comment
ONLY A FOOL WILL SAVE LARGE SUMS OF CEDIS IN A BANK ACCOUNT IN GHANA.
THE PURCHASING POWER OF THE CEDI CONTINUES TO FALL, AND DEPRECIATION OF THE GHANA CEDI CONTINUES UNABATED.
ONLY ILLITERATES WILL SAVE THEIR CEDIS IN GHANA'S USELESS BANKS WHERE THERE IS POOR CUSTOMER SERVICE.
KWASI 9 years ago
I LOVE THE ANGLE FROM WHICH THIS MAN COMING. ON THE ONE HAND YOU ARE SAYING THE CENTRAL BANK SHOULD BE INNOVATIVE IN BRINGING DOWN THE T-BILL RATE FOR GHANAIANS TO SAVE WITH THE BANK. ON THE OTHER HAND, HE IS REVEALING THAT T ... read full comment
I LOVE THE ANGLE FROM WHICH THIS MAN COMING. ON THE ONE HAND YOU ARE SAYING THE CENTRAL BANK SHOULD BE INNOVATIVE IN BRINGING DOWN THE T-BILL RATE FOR GHANAIANS TO SAVE WITH THE BANK. ON THE OTHER HAND, HE IS REVEALING THAT THOSE BANKS THAT NEED OUR SAVINGS ARE THEMSELVES INVESTING IN T-BILL. DOES IT NOT MAKE LOGIC TO ADVICE ALL GHANAIANS TO RATHER GO FOR THE T-BILL SINCE RETURN ON CAPITAL FROM THAT SIDE IS WAY HIGHER THAN SAVING WITH THESE BANKS. ANYWAY, A FOOD FOR THOUGHT FOR US ALL.
Anwana Kanjaga 9 years ago
Mr. Akossey or what, do you really think that when T-bill rates are reduced, people will save in the banks? The answer is no ecause a lot of us do not have faith in the currency and would rather prefer purchasing foreign curr ... read full comment
Mr. Akossey or what, do you really think that when T-bill rates are reduced, people will save in the banks? The answer is no ecause a lot of us do not have faith in the currency and would rather prefer purchasing foreign currencies and keep them under our pillows. A few are only magnanimous enough to be purchasing the T-bill notes so your pontification holds no water. Come again with a better analysis.
Georgee 9 years ago
You want to kill this system of saving too? Go ahead. A very spurious advice.
You want to kill this system of saving too? Go ahead. A very spurious advice.
Go for it!
A whole lot about what he is 'yapping' about! Most banks in this country,particularly the state-owned ones,are the worst culprits in this poor savings issue! They would rather 'invest' in these govt financial instruments to m ...
read full comment
ONLY A FOOL WILL SAVE LARGE SUMS OF CEDIS IN A BANK ACCOUNT IN GHANA.
THE PURCHASING POWER OF THE CEDI CONTINUES TO FALL, AND DEPRECIATION OF THE GHANA CEDI CONTINUES UNABATED.
ONLY ILLITERATES WILL SAVE THEIR CEDIS IN ...
read full comment
I LOVE THE ANGLE FROM WHICH THIS MAN COMING. ON THE ONE HAND YOU ARE SAYING THE CENTRAL BANK SHOULD BE INNOVATIVE IN BRINGING DOWN THE T-BILL RATE FOR GHANAIANS TO SAVE WITH THE BANK. ON THE OTHER HAND, HE IS REVEALING THAT T ...
read full comment
Mr. Akossey or what, do you really think that when T-bill rates are reduced, people will save in the banks? The answer is no ecause a lot of us do not have faith in the currency and would rather prefer purchasing foreign curr ...
read full comment
You want to kill this system of saving too? Go ahead. A very spurious advice.