Ghana’s MSME $4.8 billion credit gap is an information problem

Access to credit on fair terms should become the benchmark against which financial inclusion is measured, and that open banking reform should be aimed squarely at lending to businesses that cannot offer conventional collateral.

Start With What You Already Hold Most institutions can build a cash-flow early-warning capability on their own internal transaction data, today, before a single open banking API is live.

My reading of where the work sits: #BoG: Continue to publish the #OpenBanking implementation timetable so institutions can plan capital and hiring against it, begin reporting the #SME financing gap as a tracked supervisory statistic, and issue proportionate model risk expectations.