‘Renewed confidence in banking sector to spur economic growth’

April 2, 2019 THE Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mr Yofi Grant, is optimistic that a rebound in foreign investor confidence in the banking industry will spur...

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April 2, 2019 / Comments (0)

Recapitalisation to drive interest rates down

January 15, 2019 The Managing Director/COE of Zeinth Bank Ghana, Mr Henry Oroh, has said that the recent recapitalisation exercise that has seen 23 banks increase their minimum stated capital to GH 400...

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January 15, 2019 / Comments (0)

BoG withdraws licences of 9 banks-Injects GH¢12bn to protect depositors

January 8, 2019 The Bank of Ghana (BoG) has completed a major clean-up of the banking sector, in the course of which the licences of nine banks have been withdrawn and over GH¢12 billion spent to protect...

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January 8, 2019 / Comments (0)

Recapitalisation will strengthen indigenous banks

October 10, 2018 A banking consultant, Nana Otuo Acheampong, has said he is optimistic that the successful completion of the recapitalisation of banks in December this year will place indigenous banks on a...

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October 10, 2018 / Comments (0)

We have strong local banks — Dr. Ishmael Yamson

October 2, 2018 A management consultant and retired Board Chairman of Standard Chartered Bank Ghana Limited, Dr Ishmael Yamson, has stated that the efforts by the Bank of Ghana (BoG) to clean the banking...

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October 2, 2018 / Comments (0)

Banks need more than GH¢400m as Basel II & III kick in

May 22, 2018 Banks will require more than the new capital requirement of GH¢400 million in order to meet the minimum capital adequacy ratio (CAR) under Basel II & III. Although most banks have...

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May 22, 2018 / Comments (0)