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1.
Heritage, Premium and GN banks in merger talks to meet minimum capital
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(Business)
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Three banks, GN Bank, Heritage Bank and Premium Bank have initiated merger talks and have consequently informed the Bank of Ghana (BoG) about their intent.
The deal forms part of moves to meet the ...
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Created on 17 September 2018
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2.
Unilever looks set to continue pursuing £50bn-plus mega-merger
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(Business)
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... news agency the company has held talks with its banks about additional financing for a increased bid.
GSK's share price was up almost 5% on Monday morning, a sign some investors are hopeful of a higher ...
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Created on 17 January 2022
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3.
First Atlantic Bank: 100 workers laid off after merger
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(Business)
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About 100 workers of First Atlantic Bank have been laid off after the bank completed its merger processes with Energy Bank.
According to Media reports, the merger of the two banks is said to have led ...
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Created on 03 May 2019
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4.
Bank mergers: OmniBank, Sahel Sahara now OmniBSIC
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(Business)
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OmniBank Ghana Limited and Sahel Sahara Bank Ghana limited (BSIC) have merged into a new bank named Omnibsic.
The two banks will effective today, March 4 operate under the merged name Omnibsic. The ...
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Created on 04 March 2019
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5.
OmniBank merger with Sahel Sahara Bank approved by BoG
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(Business)
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OmniBank with Sahel Sahara Bank's merger has finally been approved by the Bank of Ghana (BoG).
Both entities after the merger will be known as Omni-BSIC Bank Ghana Limited.
The process to merge started ...
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Created on 04 January 2019
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6.
ADB staff oppose suggested merger with NIB
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(Business)
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... Bank. “We believe that government, by taking over these banks, has the responsibility of both its assets and liabilities and should pay ADB its debt to make it stand on its own,†Mr. Obeng-Gyan said. ...
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Created on 20 November 2018
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7.
Apply to reduce licence class or risk closure - BoG tells banks
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(Business)
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The Bank of Ghana (BoG) has advised commercial banks who may not be able to meet the GH¢400 million minimum capital requirement by December 2018 to apply to reduce the class of their licences from universal ...
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Created on 27 October 2018
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8.
19 banks likely to meet GHS400m recapitalization – BoG
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(Business)
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The Bank of Ghana (BoG) says 19 local banks are likely to meet the new minimum capital requirement of GHS400 million by the December 31, 2018, deadline.
This was revealed by Governor of the BoG, Dr ...
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Created on 25 September 2018
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9.
GN Bank not going into merger because of Capitalization - Dr Nduom
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(Business)
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... October 2018.
The bank of Ghana, in September 2018, increased the minimum capital requirement for commercial Banks to ¢400 million from ¢120 million.
The Bank of Ghana says its implementation of ...
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Created on 16 August 2018
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10.
Heads of collapsed banks could be prosecuted –BoG hints
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(Business)
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The Bank of Ghana (BoG) says persons whose actions led to the collapse of the five indigenous banks could be made to face the full rigors of the law.
According to the Head of Banking Supervision at ...
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Created on 02 August 2018
