Latest financial stability report revealed by the Bank of Ghana shows interest income from loans continue to be the main source of income for banks.<\/p>\n
[contextly_sidebar id=”fjt1SkZ9GLBpELdCxlzJewRJJcEdS9kq”]Cash from loans constituted 51.5 percent of total income in December 2015 compared with 45.5 percent in December 2014.<\/p>\n
The second highest income for banks is from investments, while the remaining is from fees and commissions.<\/p>\n
About 29.3 percent of income from banks for 2015 was from investments including treasury bills, shares and other equities.<\/p>\n
While the rest of their income making up of about 11.6 percent came from fees and commissions.<\/p>\n
According to the report, investment income share of 29.3 percent of total income in December 2015 was marginally above the 29.2 percent recorded in December 2014.<\/p>\n
The share of income from fees and commission however declined to 11.6 percent in December 2015 from 12.8 percent in December 2014.<\/p>\n
While banks\u2019 investment in securities as a share of total investment decreased to 18.0 percent in December 2015 from 26.4 percent in December 2014.<\/p>\n
Banks investment in Tbills up by 12%.<\/p>\n
\u00a0Investment in treasury bills as a share of total investment however increased to 79.1 percent in December 2015 from 70.2 percent in December 2014.<\/p>\n
\u00a0Banks\u2019 investments in shares and other equities as a share of total investment also declined to 2.9 percent as at December 2015 from 3.4 percent in the same period the previous year.<\/p>\n
–<\/p>\n
By: Vivian Kai Lokko\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"
Latest financial stability report revealed by the Bank of Ghana shows interest income from loans continue to be the main source of income for banks. [contextly_sidebar id=”fjt1SkZ9GLBpELdCxlzJewRJJcEdS9kq”]Cash from loans constituted 51.5 percent of total income in December 2015 compared with 45.5 percent in December 2014. The second highest income for banks is from investments, while […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[121,32,11],"tags":[],"class_list":["post-199280","post","type-post","status-publish","format-standard","hentry","category-banking-and-finance","category-business","category-top-stories"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/199280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=199280"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/199280\/revisions"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=199280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=199280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=199280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}