Wednesday, March 21, 2018

uniBank is insolvent; despite GHC2.2bn liquidity support from BoG in past 2 years

KPMG will ascertain the state of the bank's assets and liabilities, and exercise a variety of powers under Act 930 to rehabilitate and return the bank to regulatory compliance and viability within a period of six months, at the end of which the bank will be returned to private ownership and management.
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