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Bank of Ghana revises directive for banks, SDI’s Mergers and Acquisitions

Bank Of Ghana 2021 20201 The Bank of Ghana Headquaters

Mon, 9 Aug 2021 Source: www.ghanaweb.com

•Banks and SDI's operating in the country will be issued a revised directive for Mergers and Acquisitions

•The central bank explained the move is aimed at safeguarding the interest of stakeholders in the financial sector

•The document by the central bank will be a revision of the 2018 Mergers and Acquisitions Directive


The Bank of Ghana is set to revise a directive with regards to Mergers and Acquisitions for Banks and Special Deposit Taking institutions operating in the country.

In business, mergers and acquisitions are often allowed for the injection of more capital into a particular business or entity to better position it for strategic growth.

According to the central bank, the revised directive is aimed at safeguarding the interest of depositors, creditors and the entire financial sector as a whole.

The document by the central bank will be a revision of the 2018 Mergers and Acquisitions Directive which will properly reflect the current market developments and address teething concerns of industry and donor communities.

Source: www.ghanaweb.com
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