Ghana cenbank triples minimum bank capital requirement

PUBLISHED: Wed, 13 Sep 2017 07:53:05 GMT

In a bid to reform Ghana’s financial sector and ensure stability, the Bank of Ghana has tripled the minimum capital requirement for commercial banks to from 120 million Ghana cedis to 400 million Ghana cedis.

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.