In spite of concerns raised by some banks on the directive by the Bank of Ghana (BoG) to them to raise their minimum paid-up capital to GH¢400 million by December this year, the central bank says its decision still stands … Read more →
Two experts in banking have taken issue with the posture of local banks towards consolidation, explaining that their “phobia for mergers” is to blame for the high numbers of indigenous banks in the country. Should local banks be open to … Read more →