Fidelity and Unibank meet Bank of Ghana’s capital requirement
From: Ghana / Joy Business / Emmanuel Agyei / George Wiafe
November 30, 2012, 15:34 GMT
Fidelity and Unibank have now joined the league of indigenous banks that have met the central banks’ minimum capital requirement.
JOYBUSINESS has gathered that Unibank inched above the 60 million cedi requirement over the last few weeks, whiles Fidelity Bank met it sometime last month.
The two institutions now join Merchant Bank, First Atlantic, GCB, ADB, UT bank, CAL Bank and National Investment Bank that have already met the requirement.
Locally owned banks now have 31 days to increase their stated capital to 60 million cedis or risk losing their license after end of December.
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