Apex Bank Cautions Rural Banks Over Unregulated Concentration of Funds
Rural and community banks (RCBs) have been urged to invest in safe government and Bank of Ghana (BOG) instruments to ensure strong liquid reserves position for effective financial intermediation. Mr. Kwadwo Aye-Kusi, Managing Director of the ARB Apex Bank, expressed concern about the growing concentration of their funds in financial institutions other than the central … Read more