Shareholders’ loans accounted for 65% of loans and advances – Capital Bank’s Inventory Report reveals
An inventory report on the assets and liabilities of defunct Capital Bank has revealed that shareholders’ loans accounted for 65% of the bank’s loans and advances. The report conducted by the Receivers, Vish Ashiagbor and Eric Nana Nipah of pwc, said shareholders’ loan amounted to ¢749 million and had been in default for over three
