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Struggling Ghanaian Banks tasked to Submit Merger Plans Ahead of Recapitalization Deadline

Posted by InstinctBusiness - June 7, 2018

The Central Bank of Ghana has directed struggling banks which are unable to meet the ¢400 million recapitalization to submit their merger proposals for consideration. Governor of the Bank, Dr Ernest Yedu Addison said the move will enable the regulator put measures in place for such banks to strengthen their operations with other banks after

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News

  • Absa Group 2022 interim earnings increase 27%; demonstrate continued strong recovery
  • FBNBank Ghana delivers on promise to focus on youth
  • Landwey Investment set to deliver 2,000 home units to Nigerians in three years
  • How the Central Bank’s increased repo rate will tame soaring inflation
  • Staco Insurance appoints Wale Banmore as new CEO

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