120% collateral requirement shuts businesses out of credit — AGI
Verified: 2 outlets have reported this story since Nov 12, 2 of them from Ghana.
The Chairman of the Economic Affairs Committee of the Association of Ghana Industries (AGI), Eric Defor, has raised concerns about the difficulty businesses continue to face in securing bank loans, despite improved liquidity in the financial sector and a decline in interest rates.
How sure are we
Two or more outlets reported this story and its reliability score reached 65%, so WorldPulse marks it verified. That means more than one outlet says so, not that it is proven true.
Who reported it
2 outlets from Ghana, where the story is: 3News, MyJoyOnline · how we count
- Nov 12, 3:28 AM UTCFirst report· you’re reading this120% collateral requirement shuts businesses out of credit — AGImyjoyonline.com ↗
- Nov 12, 7:02 AM UTC+4 hAGI: 120% collateral demands shut businesses out of bank credit3news.com ↗
- Verified: a second independent outlet reported itNov 12, 7:02 AM UTC · +4 h
[Claude] Report 2 is another write-up of the same AGI statement on 120% collateral demands blocking business credit, with consistent details.
37m agoScore bands
What moves the score
Not in the score: AI checks and reader flags. Verified is separate: two or more independent outlets and a score of at least 65%.
Very high · How we score this