Recapitalisation, mergers loom in banking sector
BANKS in Ghana could anytime soon be compelled by the Bank of Ghana (BoG) to double their stated capital to GH¢120 million. This follows a prescription by the International Monetary Fund (IMF) concerning the bank’shigh exposure to non-performing loans, interest risks and liquidity constraints. Even before the Central Bank applies the new minimum capital … Continue reading Recapitalisation, mergers loom in banking sector
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