GOVERNOR of the Bank of Ghana (BoG), Dr Ernest Addison says Ghana’s banking system is solid and well-capitalised in spite of the GCB Bank takeover of two local banks. Dr Addison, who addressed the media yesterday in the wake of … Read more →
The Bank of Ghana has urged depositors, there is no cause for panic following the collapse of two Ghanaian-owned banks. “I can emphatically tell you that these are the only two insolvent banks in the system”, the Governor of the … Read more →
Bank of Ghana has revoked the license of UT and Capital Bank. The action has been triggered by the inability of the two banks to turn around their negative capital adequacy position which has lingered on for some time now. … Read more →