'BoG Minimum Capital not Good’

President and Chairman of Groupe Nduom, Dr. Papa Kwesi Nduom, has stated that the Bank of Ghana’s (BoG’s) decision to increase the minimum capital requirement for all banks from a one hundred and twenty million Ghana cedis (GH¢120,000,000) to four hundred million Ghana cedis (GH¢400,000,000) was not a good move.

 
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