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Home Tag Archives: recapitalisation

Tag Archives: recapitalisation

GH¢40million debt: NPP Chairman flights out of Ghana as NIB chases him

By DavidBa
July 16, 2019
in :  ARTICLES

Information reaching Awake News indicates that the Central Regional Chairman of the ruling New Patriotic Party (NPP), Robert Kingsford Jnr Jnr has reportedly flown out of Ghana following the news of his huge indebtedness to the National Investment Bank (NIB) which he has since refused to pay. Close relations to Chairman Kutin Jnr told Awake News he left the country …

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We’ll complete recapitalisation by Jan 7 – Bank of Africa Ghana

By DavidBa
January 3, 2019
in :  ARTICLES

The Bank of Africa (BoA) Ghana Limited says it has “almost” completed processes needed to raise its minimum paid-up capital to GH?400 million. In a statement responding to a Graphic Online’s publication on the status of the bank’s recapitalisation, BoA said it expects to complete the recapitalisation process and receive full approval from the Bank of Ghana on January 7. …

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