Tag: recapitalization
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Ghana Moves to Recapitalize National Investment Bank
Finance Minister Cassiel Ato Forson announced government plans to recapitalize the National Investment Bank (NIB) during the unveiling of its new board on July...
Bank of Ghana Spends GH¢8.6 Billion on Inflation Control
The Bank of Ghana spent GH¢8.6 billion on open market operations in 2024 as part of its efforts to curb inflation and stabilize the...
Ghana Urged to Tap Natural Resources, Remittances for Central Bank Recapitalization
Financial analyst Dr. Richmond Atuahene has called on Ghana’s government to leverage the country’s natural resource wealth and inward remittance flows to recapitalize the...
BoG Appoints an Advisor to Monitor Sovereign Bank Limited’s Recapitalization
The Bank of Ghana has appointed an advisor to the Sovereign Bank Limited to help monitor the bank’s recapitalization efforts and implementation of governance...
Banks recapitalization needs collective efforts by stakeholders
A financial analyst and credit consultant, Emmanuel Akrong has stated that, growing Non Performing Loans (NPLs), inappropriate asset quality classification, lack of back-testing collateral...
