Tag: Financial sector cleanup

Why Restore Banks with Severe Reputational Damage? GARIA Opposes Banks’ Restoration Calls

The President of GARIA warns against restoring the licenses of collapsed banks…

3 Min Read

UT Bank’s Collapse: A Stark Reminder That Political Power Can Undo Entrepreneurial Success – Sir Sam Jonah

Dr. Sir Sam Jonah condemned UT Bank’s 2017 collapse as economic injustice,…

5 Min Read

One Financial Sector Cleanup; Too Many Contrasting Costs – A Dive into the Contentious Exercise

Ghana’s 2017 banking sector cleanup aimed to stabilize the financial system, but…

11 Min Read

IMF Strictly Demanded the Collapse of Capital & UT Banks – BoG Governor Reveals

IMF directives led to the 2017 revocation of Capital and UT Banks’…

4 Min Read

Political Stakes Rise As CASLOC Warns of Voting Consequences Over Locked Up Funds

The Coalition of Affected Savings and Loans Customers (CASLOC) has intensified pressure…

4 Min Read

The Financial Sector Cleanup of 2017: Seven Years On—A Reflection

The 2017 financial sector cleanup in Ghana led to the collapse of…

6 Min Read