Tag Archives: UT Bank

UT Bank & Capital Bank to layoff some staff

Capital bank

The Head of Banking Supervision at the Bank of Ghana, Raymond Amanfu, has hinted that there will be some layoffs at UT Bank and Capital Bank due to the transfer of deposits and assets to GCB Bank. But essentially all staff of the two banks will become staff of GCB Bank, he suggested. The Central Bank on Monday announced a ...

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Bank of Ghana to announce Bank’s Minimum Capital Requirement Soon

Bank of Ghana

The Minister of Finance, Mr Ken Ofori-Atta, has hinted at plans by the government and the Bank of Ghana (BoG) to announce a “substantial increase” in the minimum capital of banks. The announcement is to be made in the next two to three weeks’, the minister said, explaining that the new figure would aim to “strengthen the banking infrastructure and ...

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UT Bank resumes trading on GSE after temporary halt

Capital bank

The Ghana Stock Exchange has announced that UT Bank will resume trading shares on the stock market from Monday, January 9, 2017, after a temporary halt. The bank trading activities were halted by the Ghana Stock Exchange after UT failed to publish its quarterly audited accounts to shareholders. Meanwhile, UT Bank has also released a circular to brokers and shareholders ...

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