Yieldera

Ghana Stock Exchange Outdoors New Listing Rules

Quick Facts Feature Ghana Stock Exchange (New 2026 Rules) Effective Date February 2, 2026. Preceding Framework Replaces the 2006 Listing Rules, representing the first major update in two decades. Scope of Application Applies to all applications, submissions, filings, and continuing obligations from the effective date. Market Performance Ended 2025 as the second-best performing exchange in […]

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Microfinance Sector Reforms 2026: The 3 Top Questions Policymakers Must Address

For several years, the private sector has had cause to complain incessantly about sky-high lending rates in the banking sector, blaming the latter for the perennially low investment in non-current assets, which is critical for developing market competitiveness. In the microfinance sector, lending rates are even worse, so much so that it pales in comparison

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Yiedera Supports the BoG’s Measures to Restore Credit Discipline

On June 03, 2025, the Central Bank published a statement purporting to be remarks made by Dr. Johnson Pandit Asiama, the governor of the Bank of Ghana, during the latter’s post-MPC meeting with CEOs of Banks. The statement heralded five (5) key regulatory initiatives to be introduced very soon, according to the governor. Yieldera Policy

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Regulatory Forebearance: Proportionality or Laxity?

The Financial Stability Institute (FSI) of the Bank for International Settlements (BIS) has authored several working papers and policy guidance on the principle of proportionality and its impact on regulation and supervision across several jurisdictions. For clarity, proportionality in the broad sense means applying global norms (e.g., rules, standards, oversight) to market actors in ways

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CEO Tenure Limits Continue to Divide Opinions in the Banking Sector

Following an excruciating (and fiscally burdensome) insolvency resolution process, the Bank of Ghana, as part of a broad-based effort to avert another financial crisis in the future (at least one comparable in scale), enacted a slew of directives, most of which have transformed the regulatory landscape, undoubtedly. One of such instruments is the Corporate Governance

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Tackle Monetary Policy Discontinuity to Address the High Interest Rate Problem – Yieldera tells BOG

In 2013, the Bank of Ghana, under Governor Wampah, in an attempt to address the intractable high-interest-rate problem, announced a formula to be used by Banks as a guide for loan asset pricing. On Tuesday, July 2, 2013, all commercial banks started implementing this new formula for calculating the minimum lending rate for borrowers.  This

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Bank of Ghana Must ‘Crack the Whip’ on RFIs for Non-Compliance with Credit Reporting Act

Key Highlights There is no question that a credible credit reference infrastructure yields tremendous benefits to the economy by reducing moral hazard risk associated with lending. Any system or platform that helps to re-balance information asymmetry between borrowers and lenders means that financial institutions are better able to estimate counterparty default probabilities associated with a

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Should Other Banks with Brokerage Subsidiaries be Concerned About CAL Brokers Exit?

After 26 years, CAL Brokers, one of Ghana’s influential players in the securities industry, closed its doors in FY 2022. Being that it was but a subsidiary of a parent bank, it raises legitimate questions about the brokerage business and whether current market providers, with a similar organizational structure, should be concerned about profitability and

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CAL Brokers: The End of an Era for One of GSE’s Most Influential Licensed Dealing Members

After 26 years, one of Ghana’s influential players in the securities industry takes a bow. Over the years, CAL Brokers has led, and in some cases co-sponsored securities issue for clients across the spectrum. In 2004 it joined with Databank to co-sponsor its parent company in an Initial Public Offering that saw a successful issue

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