Barclays Bank Ghana Ltd. Remains in Good Standing – BoG
Following the recent fining of Barclays bank for posting quotes on the Ghana Interbank Forex Market contrary to the conduct rules, the Bank of Ghana has issued a press release to assuage the fears of the general public concerning the issue.
According to the country’s central bank, the matter has been resolved and Barclays remains in good standing.
Below is the full statement issued;
On Monday June 3, 2019, the Bank of Ghana issued a press release on the misconduct in the foreign exchange market by Barclays Bank Ghana Limited. The Bank of Ghana has since engaged Barclays Bank Ghana Ltd and the matter has now been resolved. The Bank of Ghana would want to remind the general public that this action does not suggest Barclays Bank Ghana Ltd. is not in good standing. The Bank of Ghana would also like to assure the general public that Barclays Bank Ghana Ltd. is solvent, well-capitalized and remains in good standing.
Related Posts
United Capital appoints four experts to Infrastructure Fund Committee
United Capital Plc has strengthened the governance of its United Capital Infrastructure Fund (UCIF) by appointing four seasoned…
ByNCBA, Inchcape to boost tractor access for farmers
In a move aimed at accelerating agricultural mechanization and supporting smallholder farmers, NCBA Group has teamed up with…
Standard Chartered eyes full exit from Botswana in strategic Africa pullback
Standard Chartered Plc has launched a process to sell its entire stake in Standard Chartered Bank Botswana Limited,…
WIOCC secures $65m sustainability-linked financing to boost Africa’s digital infrastructure
WIOCC Group, Africa’s foremost open-access digital infrastructure provider, has successfully raised an additional $65 million in sustainability-linked debt…
Gallery
