Tag: minimum capital
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Impact of new minimum capital requirement on banks (Article)
Capital requirement is the minimum amount of capital a bank or other financial institution has to hold as required by its financial regulator. A bank’s capital adequacy ratio on the other hand is expressed as a ratio of equity as a percentage of risk-weighted assets. These requirements are put into place to ensure that these…
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GIPC reviews laws to attract huge investments
The Ghana Investment Promotion Centre (GIPC) has commenced processes to review its laws to guide existing and new investments into the country. The GIPC contends that there is the need to adjust the country’s laws to meet the modern investment trends. According to the CEO of the GIPC, Mr. Yofi Grant, the government’s efforts to…