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Home Tag Archives: amalgamated

Tag Archives: amalgamated

Capital Requirement: Ghana Amalgamated Trust to support indigenous banks

By DavidBa
January 6, 2019
in :  ARTICLES

The Government has announced a special programme to rescue five indigenous commercial banks that failed to reach the BoG’s minimum capital requirement of GH¢400 million. The Finance Ministry in a statement issued today said a new entity called: the Ghana Amalgamated Trust (GAT) will support solvent and well-run indigenous banks, which were otherwise having difficulties meeting the new minimum capital …

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