BoG’s Oversight Strengthens UMB’s Financial Position
In a proactive move aimed at fortifying Universal Merchant Bank Ltd. (UMB)’s financial standing, the Bank of Ghana (BoG) has named Dr. Joseph O. France as a Management Advisor. Drawing ...
Tag: Recapitalisation
Low Asset Base and Language Barrier, the Reasons Most Ghanaian Banks Cannot Establish Branches Internationally- GITFiC CEO
Mr. Selasi Koffi Ackom, Chief Executive Officer (CEO) of the Ghana International Trade and Finance Conference (GITFiC), has intimated that the low asset base of Ghanaian banks is a major ...
OmniBSIC Bank Recapitalizes Above the GH¢400 million Regulatory Requirement
OmniBSIC Bank, an indigenous lender, has recapitalised to about GH¢516 million which is above the regulatory requirement of GH¢400 million by the Bank of Ghana (BoG). According to the bank, ...
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