‘Don’t Kill Local Banks’

The Association of Indigenous Universal Banks (AIUB) has appealed to President Nana Addo Dankwa Akufo-Addo to extend the December 2018 deadline for local banks to meet the minimum capital requirement so as to help meet the needs of players in the informal sector.

The President set up a committee following a petition presented by the association.

But the association expressed concern about the tone and language of the Central Bank recently in the media.

“This is because the remarks by the regulator gives an impression that it does not care about the sustenance of local banks, and is only interested in offloading them despite the huge cost to the economy, it said.

There are 34 universal banks in Ghana, 19 of which have foreign majority share ownership while 15 have local majority share ownership (6 of which were licensed within the last three years.)

“The establishment of relatively small and purely local universal banks has enabled credit to reach the informal sector, particularly indigenous micro and small enterprises, cottage industries, agric-businesses, small-scale manufacturers, petty traders and crop, as well as livestock farmers, which the bigger banks had and continue to marginalize because of the perceived high risk of the sector.”

The association said out of the 19 foreign majority owned banks, seven are Nigerian banks.

Out of the 15 local banks, 10 are 100 percent Ghanaian owned.

“It is important to state that this is the sector, which requires consistent nurturing and support to grow to become the big businesses of tomorrow that can employ our growing unemployed youth and also create wealth for our nation.”

The association revealed that if government does not treat local banks well, and allow them to shore up their capital gradually, over 30 percent of their workforce could potentially lose their jobs, with damning consequences for their dependents.

It said the informal sector would find it difficult to thrive since foreign banks have shown insensitivity over the years to the plight of players in the sector.

“The new increase from the 2013 level of GH¢120 million to GH¢400 million announced by the Bank of Ghana (BoG) in September 2017 represents an increase of 233 percent, which is clearly too steep. Furthermore, the situation is aggravated by the short period of 1 year three months given to banks to comply with this requirement.”

“Nevertheless, the quantum of the increase should not overburden the indigenous banks and the timeframe for the attainment should always be accommodating.”

“Your Excellency, unfortunately, indigenous universal banks will not be in a position to raise the addition capital within such a short period without being taken over by foreign investors, who are already on the market seeking take-over opportunities.”

Should the President fail to assist the local banks, staff of over 10 banks could be adversely affected.

“The exercise should look at protecting local banks like Nigeria did instead of the current situation which is seeking to give more protection to foreign ones under the guise of building capacity for big ticket transactions.”

Source: Daily Guide

Show More

960 Comments

  1. This simple, natural remedy will not put a dent in your bank balance, and you can continue treating your skin tags with coconut oil indefinitely best price cialis 20mg Someone that s had anal sex, enjoyed it, and wants a plug to play with, most def

  2. IPTH treatment upregulated the expression of RANKL and downregulated the levels of OPG in osteoblasts, resulting in an increased RANKL OPG ratio, whereas stattic reversed the effect of iPTH on the RANKL and OPG levels, and the RANKL OPG ratio, as indicated by both RT- qPCR and western blotting Fig. can you take tylenol with doxycycline MMWR 2002; 51 No.

  3. In keeping with this inference, breast cancer survivors have a high cumulative incidence of overt primary hypothyroidism during long term follow up 24, and therefore, it would be interesting to measure fT4 and TSH concentrations during follow up to evaluate whether or not the concentrations normalize after neoadjuvant chemotherapy indications for tamoxifen Dear Stephanie, thank you for your input and suggestions

  4. Endoxifen was tested for antiproliferation activity against various cancer cell lines from Non Small Lung Cancer, Breast Cancer, Prostate Cancer, Melanoma Cancer, Ovarian Cancer, CNS Cancer, Renal Cancer and Colon Cancers order propecia online At the present time, the only approved method of breast cancer prevention is use of the selective estrogen receptor modulator SERM tamoxifen

  5. Spin your way to success with our exciting collection of free slots and become a part of our vibrant community today! Whales of Cash™ is back with Whales Of Cash™ – Ultimate Jackpots™! You’ll have a chance to win a whale of cash with features including Free Games, Mega Free Games, and a Wheel Bonus! The ultimate game for ultimate jackpots! Spin your way to success with our exciting collection of free slots and become a part of our vibrant community today! Save time and start your Vegas adventure sooner by applying for your Casino Marker Limit prior to your arrival. Fill out the required form and let the fun begin! While you are at it, sign up for our MGM Rewards Loyalty Program and earn credits and comps from all MGM Resorts International Properties!
    https://www.chordie.com/forum/profile.php?id=1616069
    The Divine Fortune jackpot on @PokerStarsUSA in Pennsylvania awarded nearly $1 million in jackpots. Overall, there are more than 450+ games at ruby fortune casino, with real money online slots taking the largest portion. Ruby Fortune is a licensed casino with certification from eCOGRA. All the games are mobile-friendly as Ruby Fortune offers a mobile app that makes the experience seamless. In addition to a variety of games, the casino also uses Random Number Generator (RNG) for fair and safe gameplay. There are multiple banking options. Strike gold down under in this slot built for wins so big you’ll be yelling DINGO! Follow the tune of the digeridoo to wins you have never encountered before! Hop like a kangaroo through this free slot outback adventure!

  6. The home of the European football champions, Spain, is also home to the popular La Liga championship. Welcoming 20 of the nation’s top football clubs, La Liga is broadcast live across the world. Viewers from far away countries, such as Brazil and Argentina, tune in regularly to watch La Liga on tv. Mbeumo’s goal seals a 3-1 victory as the Bees move to within six points of top four © 2023 777score.co.uk GoonersGuide.com recommends this Bookmaker for safe and secure online betting. Gianni Infantino takes the microphone before the game gets underway to address the fans in the stadium. He said: ‘Dear friends, welcome to the FIFA World Cup Qatar 2022. Welcome to celebrate football, because football unites the world. Let’s welcome the teams and let the show begin.’
    http://xn--9i2br6o1tj.webable.kr/bbs/board.php?bo_table=free&wr_id=352
    Birmingham City – Hull City Live Streaming and TV Listings Sky launches Sky Sports Live Football Scores Centre Updated at 21/11/2022 at 15:21 “‘BeSoccer Live Scores | Latest soccer transfers news and rumours” 37 mins: Brighton 1 Villa 1 Not official football app about Chelsea FC. Transfers, News, Lives scores, Video Sky launches Sky Sports Live Football Scores Centre Updated at 21/11/2022 at 15:21 Birmingham City – Hull City h2h – Livescores.biz Live Rugby League Scores Bug fixes and improvements for dark mode. Sky live football scores Martinez plays a risky pass out the back to Luiz. Mac Allister is straight onto him, jostles him out the way, wins the ball and fires past Martinez emphatically. ,M.S.W עובדת סוציאלית קלינית

  7. Вы можете купить массажеры для лица прямо сейчас на сайте и в мобильном приложении “Золотое яблоко”. Перейдя по ссылки вы так же подтверждаете что вам исполнилось 18 лет Чем полезен для кожи вокруг глаз! – Активно восстанавливает и длительно поддерживает гидробаланс. – Насыщает витаминами и микроэлементами. – Запускает процессы омоложения. – Сокращает мимические морщины. – Подтягивает. – Снимает следы усталости. – Повышает тонус. – Придаёт упругость и эластичность. – Мобилизует барьерные свойства. – Защищает от вн.. Силиконовая массажная щетка изготавливается из медицинского силикона. Материал безопасен для здоровья человека. Он не имеет запаха и обладает гипоаллергенными свойствами. Хотим обратить ваше внимание на то, что магазин по адресу г.Краснодар, ул.Бабушкина 223 закрылся. Наша кожа нуждается в постоянном уходе и в поддержании ее упругости. Специально для этого в современном мире постоянно появляются бьюти-гаджеты: разнонаправленные массажеры для лица и тела, способные решить любую проблему.
    https://cesarjjge852963.blogchaat.com/18040760/рисуем-стрелки-жидкой-подводкой-поэтапно
    Главная функция оливкового масла — защитная. Средство богато олеиновой кислотой и антиоксидантами, потому прекрасно увлажняет кожу, препятствует вредному воздействию окружающей среды. Благодаря высокому содержанию витаминов и жирных кислот, оливковое масло улучшает ее состояние и цвет, питает волосы. Также оно устраняет воспалительные процессы, а значит, его можно наносить даже на раздраженную кожу. После этого, смесь выдерживается в течение 10 дней в темной помещении, а далее осуществляется ее процеживание. После этого оно может быть использовано для ежедневного применения для смазывания ресниц. Питательное касторовое масло относится к мощным фолликулостимулирующим веществам. Это натуральное средство поможет вам в будущем насладиться шикарными, объемными ресницами. К тому же масло активно борется с вредными микробами, оседающими на волосках и препятствующими их здоровому росту.

  8. Kasyno PayPal Microgaming jest pełne zadowolonych graczy korzystających z najlepszych produktów firmy. Microgaming dzięki swoim świetnie płacącym automatom do gry na przestrzeni lat zjednał sobie prawdopodobnie największe grono stałych użytkowników, dlatego też kasyno internetowe z napisem w stopce „Powered by Microgaming” zawsze może liczyć na tłumy nowych klientów. Δdocument.getElementById( “ak_js_1” ).setAttribute( “value”, ( new Date() ).getTime() ); Nie ma żadnych wątpliwości co do tego, że casino with PayPal to bezpieczna i atrakcyjna propozycja. Gracze na całym świecie nie bez powodu tak chętnie wybierają PayPal casino jako preferowaną opcję bankową. W odniesieniu do polskiego rynku problemem wciąż pozostaje jednak niewielka liczba witryn hazardowych, w których płatności w PLN są dostępne przez PayPal. Jak wspominano, PayPal casino Poland to na ten moment oferta tylko jednego kasyna internetowego. Zapewne jednak z czasem na rynku będzie pojawiać się coraz więcej kasyn online, w których gracze będą mieli możliwość realizowania depozytów oraz wypłacania nagród z użyciem PayPala.
    https://rylanoawj553962.mdkblog.com/24456560/kasyno-euro-minimum-deposit-1
    Psycholog Monika Gawrysiak Australian pokies big win. But if you are looking for more game fun, you can visit our page Numerous casino games free without registration try out. For example, those of you who enjoy playing pokies will be pleased to hear that 100% of your wagering activity will contribute towards your DraftKings bonus. These are transparent reels set against a backdrop of a galaxy with an animated nebula on the right. Depending on the number of boards activated by the player, the Free Spins feature will also allow the player to choose up to four options. Oferta bonusów powitalnych kasyna Slottica naprawdę jest warta rozważenia. Albowiem operator umożliwia uzyskanie bonusu nie tylko od pierwszego depozytu, ale także od kolejnych. Zgodnie z informacją na stronie kasyno daje 200% wartości pierwszego depozytu (maksymalny bonus 3.500 zł) oraz 100% wartości trzeciego depozytu. Dodatkowo gracze mogą otrzymać 35 darmowych spinów w grze Gonzo’s Quest oraz 125 obrotów na innych maszynach. Należy także podkreślić, że kasyno ma w ofercie opcję cashbacku.

  9. と人気なものが一通り揃っています。カジノで遊ぶ際は、事前に各ゲームのルールを把握しておくと安心です。 インターネット上でカジノゲームが遊べるオンラインカジノでは、無料お試しモードがあります。 そこで実際のゲームの流れを把握できますので、ぜひご参考頂けましたら幸いです。 撤退していたシーザーズが和歌山IRで復活 クレアベストのコンソーシアムに合流 と人気なものが一通り揃っています。カジノで遊ぶ際は、事前に各ゲームのルールを把握しておくと安心です。 インターネット上でカジノゲームが遊べるオンラインカジノでは、無料お試しモードがあります。 そこで実際のゲームの流れを把握できますので、ぜひご参考頂けましたら幸いです。 日本にカジノ誘致する一番の目的は、外国人観光客数の増加なので、メインターゲットなる観光客に対しては入場料が無料で、入場回数を制限する規制もとくにありません。 「アメリカと日本の両方で税金を取られるのか」と心配になるかもしれませんが、日米租税条約を結んでいるため、二重に税金を取られることはありません。 日本と違い、教科書代は自己負担です。費用は学校によりますが、幼稚園の場合、教科書と教材を合わせて、年間で1,300MOP(約18,200円)ほどです。これについても政府から教科書補助が毎年出ます。金額は以下の通りです。
    https://mographmastery.com/community/profile/8742cci1260dcxl/
    ここではやってしまうと違法になってしまうことを紹介します。 どのゲームをプレイしても、違法に経営されている店舗でプレイするだけで違法行為に当たります。 しかし、2016年にオンラインカジノのプレイヤー3人が検挙されるという事件が起き、オンラインカジノ業界に激震が走りました。3人が検挙された理由は、3人ともオンラインカジノのプレイ日記をブログに日々書いていたことが証拠となったとのことです。そのうち2人は単純賭博罪を認め、略式起訴で罰金刑を受けいれましたが、1人はオンラインカジノをしていることを認めたうえで違法性について争った結果「不起訴」を勝ちとり「無罪放免」となりました。 ポーカーで金を賭けると聞くと、知らない人からすればかなり凶悪な言葉に聞こえるかもしれないが、アミューズメントポーカーと、現金を賭けた言わば「裏ポーカー」はとても近い距離にある。金を賭けるのが違法だと頭の片隅ではわかっていながら、どうせみんなもやっているし、身内でしかやらないから大丈夫だろうと思って賭け麻雀をするようなものだ。 違法であるにもかかわらず、日本国内からのアクセス数は急激に増えています。 オンラインカジノについて、警察庁は「違法行為で、刑法の 賭博罪 を使っての立件は可能」との見解を示していますが、一度、裁判で不起訴処分を獲得した事件の場合、立件させるのはとても難しいと言われています。さらに 2016年 3月10日のオンラインカジノの裁判を担当した津田 岳宏弁護士は「海外でライセンスを取得しているオンラインカジノに関しては、基本的には処罰に値する違法性はない」という考えを話しています。

  10. We apologise for any inconvenience caused. 888 has scores of fans in the poker community who appreciate the flexibility of its software platform, the highly customized promotions offered to players and the general softness of the games at 888. Detractors find fault with the room because it doesn’t seek to cater to high-volume players and comes with a bit more bells and whistles than some players desire. SK Theme (888Poker) Sign up now for 888poker through the links above at the top, make a deposit and DOUBLE your money! Your very first deposit at 888Poker will get rewarded with a 100% bonus that can go up to $888 (T&C’s apply). This bonus is easy to clear and it’s simply perfect for beginner players that are just starting out in the world of online poker with the help of the bankroll boost that they will get.
    http://www.gongyumi.com/bbs/board.php?bo_table=free&wr_id=18936
    According to most sources, PokerStars has by far the most traffic of any online poker site UK players can get involved in. They serve up an unparalleled variety of tournaments with 26 different types of online poker tournaments detailed on their website. This also works on Mac Linux computers so you can play in browser on your non-Windows computer, there aren’t many sites like this on the iPoker Network, so if you are using a MacBook, then this is the iPoker skin to use. Ladbrokes Poker features one of the most generous and easiest to clear welcome bonuses in the industry. All new players registering and playing through Ladbrokes mobile poker app are eligible to claim this bonus with their first deposit. This is an excellent way to get the ball rolling and start building your online poker bankroll.

  11. Test & ODI Cricket As the last two seasons were only played across Goa due to the Covid-19 Pandemic, the 2022-23 season of the ISL is back on full scale and the fans will be able to enjoy the teams at their home stadiums. The matches will be held across 10 cities and 11 stadiums one for each team in a home-and-away format. This season every team’s morale will be at its peak, as once again they will be playing in front of their home fans. This will be affecting the result considerably and it will be an amazing sight to behold. 21.9.2 Where teams have an equal number of points their relative positions shall be determined by the following: Saroha was born in Uttar Pradesh and hailed from New Delhi and was a part of the CD Zafranar youth team for whom he made his debut in 2019 in the Regional Junior Second Division in Valencia (Spain). The 23-year-old was a part of the academy since September, 2018. Prior to that, he was a part of Delhi United in the I-League 2.
    http://yumsoland.com/bbs/board.php?bo_table=free&wr_id=111326
    PlayoffStatus↓≡ Home > Sports > List > Football > Resources > Lists > Winners > Leagues > UEFA Champions League Premier League LIVE: Leicester win but go down with woeful Leeds as Everton survive MORE: English Premier League table 2022 23: How the top-four race looks Here are all the winners of the UEFA Champions League since the first for the 1955-56 season. Real Madrid hold the record for the most victories, having won the competition 14 times, including the inaugural competition in 1956, and the latest in 2022. Commenting is closed on this page, though you can read some previous comments below which may answer some of your questions. Man Utd are weighing up the possibility of selling Fred to Premier League rivals Fulham ahead of the summer transfer window, according to reports.

  12. If you want to engage in betting in Ghana, then the best websites to check out include 22bet, Betway, 1xBet and OdiBets. 22bet’s welcome bonus is 100% of the user’s first deposit. 22bet’s welcome bonus can be up to approximately 750 cedis, 1xbet’s welcome bonus can be up to 500 cedis, while Betway fixes its welcome bonus at 50% of the first deposit up to 200 cedis. OdiBet on the other hand provides it’s new customers a Free Bet worth GHS 3. Betting on horse races always was is, and will remain a popular betting category for punters. 2020 was an extremely productive and profitable year for Churchill Downs as this company has managed to have a total return of nearly 24%, which is a fantastic number. Even though the second-quarter revenues of this company declined last year, it still generated an EBITDA of around $30 million.
    https://www.bookmarks4all.win/online-slots-with-best-bonus-games
    We are here to make your life much easier when you search for the best UK casino sites, as we will tell you what to look for and compare all of the popular casino sites available. Our research team doesn’t leave any stone unturned when discovering the top UK casino sites to recommend to our audience. We monitor the performance of our operators continually to guarantee that you are only presented with the best of the best when choosing an online casino. Ignition is famous for offering one of the best welcome bonuses in the online gambling world. Once you sign up for a new account, you’ll have access to a $3,000 crypto welcome bonus. If you prefer fiat gambling, the welcome bonus is a bit lower – a $2,000 welcome package. One of the thrilling aspects of betting online is the availability of live odds. These odds continuously update in real time during the game or match, allowing you to place bets while the event is in progress. Live odds are available at the best online gambling sites we recommend.

  13. At the online casinos like, there aren’t any term limits or waiting periods on your winnings. Some online casinos do charge fees for withdrawals, but the fee is based on the withdrawal method and not tied to any percentage of your winnings. For more information check thesportsgeek online-casinos . Beyond losing money from losing bets, any online transaction involves a degree of risk. A gambler will want to make sure that the online casino he chooses follows strict security protocols to protect the money. Checking the website’s mode of operation for deposits and withdrawals ensures the player understands what to expect regarding his money and winnings. To set things straight and help new players avoid these self-proclaimed “casinos,” we’ve created a list of licensed online casino sites with top real money games and generous bonuses you can actually earn back.
    http://www.botticelli.kr/bbs/board.php?bo_table=free&wr_id=9958
    Betway is the newest online casino to open its virtual doors in Pennsylvania. Is it the best? Does anything separate it from the other dozen or so online casinos currently operating in the state? Those questions and more will be answered as we take a trip through the Betway online casino website and app while examining its promotions, games offered, banking options, and more. We will end with a special FAQ that will answer several your most burning questions about Betway casino. Let’s get started. Registering an online casino account with Betway is one of the simpler processes among casinos in the game. There is no bonus promo code required to take advantage of the Betway welcome offer for new customers. Here’s how to create a New Jersey Betway Casino online account in three easy steps: Traffic Based Gambling – Safe online casinos: find new online casinos

  14. article h2:first-childarticle > div > p:first-childWhen you compare Dogecoin to cryptocurrencies such as Bitcoin, Dogecoin is worth just a fraction of Bitcoin’s value. Sending money abroad is as easy as ever. You can send a variety of international currencies to multiple countries reliably, quickly, and safely, and at a rate cheaper than most banks. Learn more today. How do you feel about Dogecoin today? Vote to see results article h2:first-childarticle > div > p:first-childWhen you compare Dogecoin to cryptocurrencies such as Bitcoin, Dogecoin is worth just a fraction of Bitcoin’s value. The Dogecoin community is well-known and refer to themselves as “Shibes”. Today, Dogecoin is still used to tip online creators. It’s also used, albeit infrequently, for eCommerce, as users can buy goods and services using Dogecoin at select merchants.
    http://www.iblekorea.com/bbs/board.php?bo_table=free&wr_id=38947
    The most unique aspect of Dash is its masternodes system. A masternode is a special server with a full copy of the Dash blockchain. Users who have at least 1,000 Dash can operate masternodes that power several of Dash’s features. Just like with any other asset, the price action of Dash is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of DASH. The market capitalization of Dash can change significantly in a short period of time. While it is true that the Dash cryptocurrency can be misused, criminals form only a small percentage of the total number of users. As you can see, Dash is popular because it offers many advantages over fiat currencies as well as other cryptocurrencies, not just because of its criminal use cases.

  15. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Da Vinci Diamonds free slot remains one of the most popular games among art lovers. A simple but addictive game that has no storyline but is fascinating in its uniqueness. Primary and secondary characters are not the usual card symbols and familiar images but the most real jewels and paintings of the Renaissance. The Da Vinci Diamonds casino machine is a low to medium variance slot that offers lots of chances to win big, but also to lose wagered money in just a few spins. Low volatility machines allow gamers to risk more and play aggressively — the free Da Vinci Diamonds slot game is created for this. To collect big cash prizes, do it with low-risk possibilities to lose all of the wagered money. The minimum amount of cash that can be placed is 0.01 coins for a single round.
    http://emotionplan.com/bbs/board.php?bo_table=free&wr_id=25018
    Nearly all online betting sites and casinos in South Africa reward players with bonuses you can use to help you win. Whether it’s a juicy deposit bonus, free spins from a bonus code, or a jackpot that helps you win a cash prize, there are many ways to take advantage of casino promotions so look out for bookmakers advertising these promotions to new customers. Nearly all online betting sites and casinos in South Africa reward players with bonuses you can use to help you win. Whether it’s a juicy deposit bonus, free spins from a bonus code, or a jackpot that helps you win a cash prize, there are many ways to take advantage of casino promotions so look out for bookmakers advertising these promotions to new customers. Spina Zonke games are online slots which work in a similar way to the slot machines that you’ll find in a land-based casino and even your favourite sports bar. However, instead of putting cash or a card into a physical machine to spin the reels, you just need to register an account online with Hollywoodbets and you’ll be ready to play Spina Zonke! After signing up, all you need to play is your phone and an internet connection. Then log in to your Hollywoodbets account, click on Spina Zonke and choose a game to play!

  16. farmacia online madrid [url=https://vardenafilo.icu/#]Levitra sin receta[/url] farmacias online seguras en espaГ±a

  17. recommended canadian pharmacies [url=http://canadianpharm.store/#]Best Canadian online pharmacy[/url] canadian pharmacy cheap canadianpharm.store