Zenith bank

ZENITH BANK EXPANSION PLAN

Posted on by Gambeta News
ZENITH BANK EXPANSION PLAN

Zenith bank chairman, jim ovia discusses the expansion plan of the bank, also had a talk on Nigeria and Africa  economy. Zenith bank is in the UK and several African countries, including The Gambia, Sierra Leone, and so on. The bank  stocks are traded on the London Stock Exchange.  This shows the bank is rapidly expending worldwide. According to the chairman, ”Our UK subsidiary recently opened a branch in Dubai as part of our expansion…

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SECTORS IN GHANA WILL BE REORGANISED WITH THE NEW BANKING REGULATION

Posted on by Gambeta News
SECTORS IN GHANA WILL BE REORGANISED WITH THE NEW BANKING REGULATION

 Ghana’s central bank is tightening bank’s capital requirements because of banking crisis in the country. On 14th August, a deal was approved by the country’s central bank called the Bank of Ghana(BOG) to allow Ghana Commercial Bank (GCB)  to take over the deposits and some of the assets of UT Bank and Capital Bank. Because of “severe impairment” of capital, BOG announced that it had revoked the licences of the banks. Losing their licence  was a shock for all …

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