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Banks To Lose Gh¢6bn Govt Cash - Closure of 6,000 Accounts In Commercial Banks Begins
Moves by government to close down over 6,000 multiple bank statement institutions operate at commercial banks and consolidate them into a Treasury Single Account (TSA) at the Bank of Ghana (BoG) to manage its funds better is likely to impact negatively on liquidity levels of banks, especially local banks.
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