Dr Ernest Addison — Governor of the Bank of Ghana

Local banks reduce staff to meet GH¢400m minimum capital

With the clock ticking towards the deadline for universal banks in the country to increase their minimum capital to GHc400 million by the close of the year, many indigenous banks are working out modalities to drastically reduce their staff strength. More than 3,000 professionals in the banking sector are expected to be affected in a […]

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