Serene Insurance to meet Ghc50 million capital requirement by 2nd quarter of 2020
Serene Insurance says it is set to meet the new minimum capital requirement of 50 million cedis for insurance companies ...
Tag: Minimum capital requirement
NIC raises minimum capital requirement for insurance companies by over 200 percent
The National Insurance Commission (NIC), the insurance industry's regulator, has increased the minimum capital requirement of insurance companies by over ...
First Atlantic Bank meets minimum capital
First Atlantic Bank has announced that it has met the 400 million cedis minimum capital requirement. According to the bank, ...
CAL Bank gets shareholders’ backing to meet minimum capital
Shareholders of CAL Bank have voted for the bank to move 50 million cedis from its income surplus to stated ...
ADB seeks shareholders’ approval to raise GH¢380m for recapitalisation
ADB has announced that it will embark on a renounceable right to issue to raise 383 million cedis to help ...
Energy Commercial bank, First Atlantic Bank to merge for GH¢400m capital
Energy bank and First Atlantic bank have begun merger talks in order to raise the 400 million cedis minimum capital ...
Banks’ recapitalization impacts dividend payment to SSNIT
The Social Security and National Insurance Trust (SSNIT) has disclosed that most banks it is a shareholder in, have been ...
SEC approves Energy bank’s IPO to raise GH¢340m
The Securities and Exchange Commission (SEC) has approved for the Energy Commercial bank to issue an Initial Public Offering (IPO) ...
Banking sector cleansing is for stronger local banks–Nana Addo
President Akufo Addo has stated that his vision for the banking sector is to have few but stronger local banks ...
Ecobank meets GH¢400 minimum capital
Ecobank Ghana has announced that it has met the Bank of Ghana’s new minimum capital requirement for banks. The bank ...
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