Weak banks require urgent recapitalisation - IMF

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• Johnson 8 years ago

  Governor should explain his involvement in the Ebola Bond of USD2.5. He should have given Ghanaian investors the opportunity yo invest and make money instead of the seeming create loot and share transaction

  Governor should explain his involvement in the Ebola Bond of USD2.5. He should have given Ghanaian investors the opportunity yo invest and make money instead of the seeming create loot and share transaction

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• big joe 8 years ago

  Another ignorant man

  Another ignorant man

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• The Mask 8 years ago

  The governor of the Bank of Ghana is making a mistake. Central banks lend to major banks in all countries that understand economics well. I don't get his point in wanting to end this practice. Ghana needs capacity building an ...
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  The governor of the Bank of Ghana is making a mistake. Central banks lend to major banks in all countries that understand economics well. I don't get his point in wanting to end this practice. Ghana needs capacity building and human resource improvement at the central bank. Why then does the monetary policy committee set the central bank discount rate which is the rate at which commercial banks borrow from the central banks. The prime rate in some quarters is defined as the rate at which commercial banks lend to their most important customers.

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• Knockout 8 years ago

  Agree , third world country

  Agree , third world country

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• Knockout 8 years ago

  Requires recapitalization. Third world thinking

  Requires recapitalization. Third world thinking

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• Paa Joe 8 years ago

  WHAT IS THIS FOLK FROM IMF TALIKING.
  
  WEAK BANKS IN GHANA DO NOT NEED ANY RECAPILATALIZATION AND THEY HAVE TO BE ALLOWED TO GO ON BANKRUPTCY.
  
  WAS LAYMANN BROTHERS, ONE OF THE RICHEST BANKS IN THE USA NOT ALLOWED TO GO O ...
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  WHAT IS THIS FOLK FROM IMF TALIKING.
  
  WEAK BANKS IN GHANA DO NOT NEED ANY RECAPILATALIZATION AND THEY HAVE TO BE ALLOWED TO GO ON BANKRUPTCY.
  
  WAS LAYMANN BROTHERS, ONE OF THE RICHEST BANKS IN THE USA NOT ALLOWED TO GO ON BANKRUPTCY.
  
  IT IS INDEED WRONG FOR THE SCANTY FUNDS OF THE BANK OF GHANA, EARNED FOR THE NATION BY THE HARDWORKING ILLLITERATE COCOA FARMERS, UNSKILLED MINE WORKERS AND TAXAYERS TO BE USED
  TO SAVE WEAK AND MISMANAGED BAMKS IN THE COUNTRY.
  
  BEWARE OF FALSE ADVICE,

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