6h ago•3 min read
We can't run away from risk - GCB Bank MD defends high-stakes bet on SMEs
Summary
GCB Bank defends its high-stakes SME lending strategy - but is it a risk worth taking for Ghana's economic future?
GCB Bank's MD, Farihan Alhassan, defended the bank's focus on lending to SMEs. He argues that banks must accept risk to foster economic growth - but what does this mean for the bank's strategy?