Tag: Requirement

The Royal Bank Ghana Hopeful of Meeting New Bog Minimum Capital Requirement

Posted by - August 14, 2017

The Royal Bank (TRB) has revealed it is well positioned to meet the Bank of Ghana’s planned new minimum capital requirement. The bank has indicated plans to explore options such as shareholder and/or new investor financing for the recapitalization bid. According to management, the bank’s financial position has improved significantly with a positive outlook especially

BoG Likely To Announce New Minimum Capital Requirement in September

Posted by - August 10, 2017

The Bank of Ghana (BoG) has indicated that it is likely to announce a new minimum capital requirement for banks by September. According to the regulator, it is almost through with the required engagement with all the players in the banking industry to possibly aid the announcement. The Central Bank had earlier indicated that it