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Home Tag Archives: downgrades

Tag Archives: downgrades

BoG downgrades GN Bank, now savings and loans

By DavidBa
January 4, 2019
in :  ARTICLES

The Bank of Ghana has downgraded GN Bank to a savings and loans company. This was after the central bank finished what it describes as the banking resolution requiring each commercial bank operating in the country to have a minimum capital of ¢400 million. At a news conference in Accra Friday, BoG Governor Dr Ernest Addison said Vish Ashiagbor of …

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