August 19, 2013

Fear Grips Banks Over Capital Requirement To Operate

Filed under: Ghana News — Africa Business @ 9:13 am

Apprehension is expected to hit the banking industry very soon following the Bank of Ghanas decision to increase the minimum capital requirement of banks to GH120 million.The Central Bank has now announced that new entrants into the banking industry will need 120 million Ghana Cedis to do so. However, the regulator is expected to prepare …

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