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BoG Sets GHc200m Capital For Banks

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The Bank of Ghana is set to increase the minimum capital of banks from GH¢120 million to GH¢200 by July this year, following extensive engagements with stakeholders in the financial sector. This is to inject more capital into the banks and make them stronger and resilient to undertake big ticket deals both locally and internationally. … Read more

BoG To Come Out With Report On Banks Recapitalization

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The Bank of Ghana(BoG) has hinted that it will soon announce a decision on the recapitalization of banks in the country. The central bank announced measures to increase the minimum capital requirement of banks in the country this year from the current 120 million cedis. Speaking to Head of Citi FM’s Business Desk, Vivian Kai … Read more