Banks warn BoG over minimum capital requirement

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• Anonymous. 8 years ago

  And trying to fight back. BoG must go ahead. Ghana banks are just too tiny even by African standards and that's one of the major reasons other Ghanaian companies find it difficult to fund their expansion into other African co ...
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  And trying to fight back. BoG must go ahead. Ghana banks are just too tiny even by African standards and that's one of the major reasons other Ghanaian companies find it difficult to fund their expansion into other African countries.

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• DME 8 years ago

  I think the minimum capital requirement should be based on the target sectors each bank want to concentrate but should not be wholesale.

  I think the minimum capital requirement should be based on the target sectors each bank want to concentrate but should not be wholesale.

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• SON OF GOD 8 years ago

  The BOG should learn to accomdate all sectors of banking. At the moment it seems what they know best is raising of capital requirement for all=rcommercial banks rural banks, savings and loans companies, microfinance companies ...
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  The BOG should learn to accomdate all sectors of banking. At the moment it seems what they know best is raising of capital requirement for all=rcommercial banks rural banks, savings and loans companies, microfinance companies, money lenders etc. Why can't BoG catigorise them with different capital requirements? For example microfinance moved from ghc 100,000 per a branch to ghc 2,000000 within a short time. You still call them microfinance why. Learn to be a bit innovative. Create viable departments to deal with each sector. We are growing, so you don't use yesterday rules to govern today

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• Knockout 8 years ago

  If you don't have the capital

  If you don't have the capital

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• Bolewuran 8 years ago

  Donot mind the CEO of these bank, royal Bank etc are broke BOG must implement new capital requirements to protect the public

  Donot mind the CEO of these bank, royal Bank etc are broke BOG must implement new capital requirements to protect the public

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• Nanasoyinka 8 years ago

  This is what the BoG did to collapse most microfinance companies - raising the minimum capital from 1bn old cedis to 3 bn then to 5bn n den to 20bn old cedis within a short time period!!!
  
  Is it by force to merge with other ...
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  This is what the BoG did to collapse most microfinance companies - raising the minimum capital from 1bn old cedis to 3 bn then to 5bn n den to 20bn old cedis within a short time period!!!
  
  Is it by force to merge with other microfinance companies or for banks to do same by hiking the minimum capital?
  
  The BoG shd sit up!!!

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