Twenty out of the 30 existing universal banks in Ghana have met the GHC400 million Minimum Capital Requirement of the Bank of Ghana as the 31 December 2018 deadline approaches, Second Deputy Governor...
All institutions established either for profit or not-for-profit purposes manage costs in their various dealings, with the people (human resource) being the most important and likely to be the most...
The Bank of Ghana (BoG) has refuted reports that majority of commercial banks in the country are owned by foreigners. Some industry players have raised concerns about the directive by BoG to...
The Chartered Institute of Bankers (CIB) is urging the Central Bank to consider a tiered recapitalization policy that will enable smaller-sized banks meet the eagerly awaited increment in the...
The central bank is putting on hold its move to announce a further increase in the minimum capital requirement for commercial banks in the country, 3FM Business can confirm. The Bank of Ghana had...
CEOs of some banks have cautioned the Central Bank to be circumspect in the implementation of the soon-to-be-announced increase in the minimum capital requirements. According to them, it will be...
The Chartered Institute of Bankers (CIB) is highly confident of the industry’s ability to meet the proposed increase in the minimum capital requirement for banks. The Institute contends that the...
Commercial banks in Ghana would have to increase their minimum capital for operation to at least 200 million cedis. This follows the revision of the minimum capital requirement by the Bank of Ghana....
The Bank of Ghana’s decision to peg the new minimum capital requirement for commercial banks at an estimated 260 million cedis should culminate in mergers and deepen the financial sector. This is...
The Bank of Ghana’s decision to peg the new minimum capital requirement for commercial banks at an estimated 260 million cedis should culminate in mergers and deepen the financial sector. This is...
The Bank of Ghana (BoG) has announced that it will present its final report of the proposed Minimum Capital requirement to the board of the bank by close of this year. The Bank of Ghana earlier this...
Some economists have backed the Bank of Ghana’s proposal to introduce economic capital requirement for banks as part of strategies to reform and strengthen the banking industry. Economic capital is...
About eight banks will resort to the capital market, or at worst undertake private placement, to raise funds to meet the expected new capital requirement for all banks in Ghana, Business Finder has...
The minimum capital requirement for commercial banks in the country could be increased to Gh¢500 million from next year. This is what JOY BUSINESS has picked up from persons close to reviewing the...
