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Universal Merchant Bank Limited; Zenith Bank (Ghana) Limited, part of Zenith Bank Group; See also. Economy of Ghana; List of banks in Africa; References External ...
Zenith Bank was established in May 1990 and commenced banking operations in July of the same year. At inception, it had a capital base of $4 million. It began operations during a period of government liberalization of the banking sector when the central bank granted up to twenty banking licenses a year to investors. The bank's first office was ...
Zenith Bank [40] Ghana. Central bank. Bank of Ghana; ... Absa Bank Ghana (formerly Barclays Bank of Ghana Limited) Access Bank plc; African Investment Bank;
Signature Bank Ltd; Stanbic IBTC Bank Plc; Standard Chartered Bank Nigeria Ltd, part of Standard Chartered Group; Sterling Bank Plc; SunTrust Bank Nigeria Ltd; Titan Trust Bank Ltd; Union Bank of Nigeria Plc; United Bank For Africa Plc, part of UBA Group; Unity Bank Plc; Wema Bank Plc; Zenith Bank Plc
Savings and Loans Company is a statutory term used for non-bank financial institutions in Ghana. There are 37 Savings and Loans Companies released by the Bank of Ghana as at January 2017. Such institutions are licensed by the Bank of Ghana under the Financial Institutions non-Banking Law 1993 (PNDC Law 328). [1]
In September 2017, the Bank of Ghana directed all universal banks in Ghana to raise their minimum capital reserves from GHS:120 million (US$22.8 million) to GHS:400 million (US$73.4 million). Five banks that failed to meet the minimum requirements were merged, namely Construction Bank, The Beige Bank, The Royal Bank, UniBank and Sovereign Bank.
Ecobank in Kumasi. Ecobank Ghana PLC is a commercial bank in Ghana. It is one of the commercial banks licensed by the Bank of Ghana, the national banking regulator. [2] In 2022, the bank retained its position as the largest bank in Ghana in the 2023 Ghana Banking Survey by PricewaterhouseCoopers (PwC). [3]
The bank was founded in 1996 and commenced provision of banking services on 14 October 1996, following the issuance of a banking license by the Bank of Ghana.The Trust Bank is a retail bank that focuses on meeting the banking needs of small and medium-sized enterprises (SMEs).