{"id":31691,"date":"2023-01-17T08:44:44","date_gmt":"2023-01-17T08:44:44","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/uncategorized\/repay-tour-loans-for-superior-service-afram-community-bank-to-defaulters"},"modified":"2023-01-17T11:10:54","modified_gmt":"2023-01-17T11:10:54","slug":"repay-tour-loans-for-superior-service-afram-community-bank-to-defaulters","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/repay-tour-loans-for-superior-service-afram-community-bank-to-defaulters","title":{"rendered":"Repay tour loans for superior service \u2013 Afram Community Bank to defaulters"},"content":{"rendered":"

Africa-Press – Ghana. <\/strong><\/span>Mr Jeffery Konadu, Board Chairman of Afram Community Bank Limited, has advised loan defaulters to clear their loans immediately for the bank to continue providing quality services to clients.<\/b><\/p>\n

The call comes on the heels of the bank being hit in recent times by overwhelming deficits due to the failure of customers to pay their loans obtained from the community bank.<\/p>\n

Mr Konadua indicated that loans and advances granted to consumers declined by 2.96 percent from GH\u20b514,852,357 in 2020 to GH\u20b514,413,387 in 2021.<\/p>\n

He attributed the shortfall to the negative impact of non-performing loans and overdrafts, decreased liquidity flow from customers\u2019 deposits, additional provision for loan impairment by the Bank of Ghana (BoG), and the board\u2019s decision to suspend approval of commercial facilities and pursue aggressive recovery.<\/p>\n

According to him, the bank was undergoing a thorough clean-up exercise under the supervision of the BoG and ARB Apex Bank, but it still needed to make write-offs and certain provisions to consolidate its position and meet international standards.<\/p>\n

However, he assured customers that the bank would continue to bolster its operations by deepening its relationships with stakeholders including ARB Apex Bank and the BoG.<\/p>\n

For More News And Analysis About Ghana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ghana. Mr Jeffery Konadu, Board Chairman of Afram Community Bank Limited, has advised loan defaulters to clear their loans immediately for the bank to continue providing quality services to clients. The call comes on the heels of the bank being hit in recent times by overwhelming deficits due to the failure of customers […]<\/p>\n","protected":false},"author":84,"featured_media":31690,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[5092,5096,429],"class_list":["post-31691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"\nRepay tour loans for superior service \u2013 Afram Community Bank to defaulters - Ghana<\/title>\n<meta name=\"description\" content=\"Mr Jeffery Konadu, Board Chairman of Afram Community Bank Limited, has advised loan defaulters to clear their loans i ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/repay-tour-loans-for-superior-service-afram-community-bank-to-defaulters\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Repay tour loans for superior service \u2013 Afram Community Bank to defaulters\" \/>\n<meta property=\"og:description\" content=\"Mr Jeffery Konadu, Board Chairman of Afram Community Bank Limited, has advised loan defaulters to clear their loans i ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/repay-tour-loans-for-superior-service-afram-community-bank-to-defaulters\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-17T08:44:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-17T11:10:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/01\/postQueueImg_1673936707.21.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/repay-tour-loans-for-superior-service-afram-community-bank-to-defaulters#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/repay-tour-loans-for-superior-service-afram-community-bank-to-defaulters\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Repay tour loans for superior service \u2013 Afram Community Bank to defaulters\",\"datePublished\":\"2023-01-17T08:44:44+00:00\",\"dateModified\":\"2023-01-17T11:10:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/repay-tour-loans-for-superior-service-afram-community-bank-to-defaulters\"},\"wordCount\":213,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/repay-tour-loans-for-superior-service-afram-community-bank-to-defaulters#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/01\/postQueueImg_1673936707.21.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ghana\",\"ghana\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/repay-tour-loans-for-superior-service-afram-community-bank-to-defaulters#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/repay-tour-loans-for-superior-service-afram-community-bank-to-defaulters\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/repay-tour-loans-for-superior-service-afram-community-bank-to-defaulters\",\"name\":\"Repay tour loans for superior service \u2013 Afram Community Bank to defaulters - 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