• Home
  • Business
  • Is your Bank Safe ? Checkout the recapitalized banks in Ghana

Is your Bank Safe ? Checkout the recapitalized banks in Ghana

Bank of Ghana will release a list of all banks that have successfully met its GH₵400 million capital requirement as designated by the central bank earlier last year. Following the December 31, 2018 deadline, Graphic Online has formulated a list with predictions of the banks that have and have not met the requirement.

Below is the list:

 

List of successfully recapitalised banks

 

Access Bank Ghana Limited

 

Barclays Bank Ghana Limited

 

CAL Bank Limited

 

Consolidated Bank

 

Ecobank Ghana Limited

 

FBNBank Ghana Limited

 

Fidelity Bank Limited

 

First National Bank Ghana Limited (FNB)

 

Republic Bank Ghana Limited

 

GCB Bank Limited

 

Guaranty Trust Bank Ghana Limited (GTBank)

 

Society Generale Ghana Limited

 

Stanbic Bank Ghana Limited

 

Standard Chartered Bank Ghana

 

United Bank for Africa Ghana Limited (UBA)

 

Zenith Bank Ghana Limited

 

Not recapitalised but being supported

 

ADB Bank

 

National Investment Bank (NIB)

 

Prudential Bank

 

Universal Merchant Bank Limited (UMB)

 

Heritage Bank Limited

 

OmniBank Limited

 

Ongoing mergers

 

Energy Commercial Bank Ghana Limited and First Atlantic Bank Limited

 

OmniBank and Sahel Sahara Bank

 

Ongoing takeovers

 

First National Bank Ghana Limited (FNB) takes over GHL Bank

 

Voluntary liquidation

 

Bank of Baroda (customers absorbed seamlessly by Stanbic Bank Ghana Limited)

 

Not recapitalised but no credible news yet

 

Bank of Africa Ghana (BoA) Limited

 

GN Bank Limited

 

Premium Bank Limited

 

Source: Graphic Online

Comment Box is loading comments...