Unibank takeover details

Unibank takeover details

So this is my little attempt to share about what happened with Unibank in Ghana today. The bank of Ghana has appointed KPMG as the official administrator for Unibank.

I’ll kindly direct you to some relevant sources.

1. Links to news items on the story:

http://citifmonline.com/2018/03/20/bog-takes-over-management-of-unibank/

https://www.myjoyonline.com/business/2018/March-21st/unibank-takeover-7-more-banks-to-be-knocked-off-expert.php

https://www.ghanaweb.com/GhanaHomePage/NewsArchive/KPMG-takes-over-management-of-uniBank-636281

http://citifmonline.com/2018/03/21/10-things-know-unibank-takeover-infographic/

2. Here are two articles from the website of the Bank of Ghana.

State of the Banking System

Bank of Ghana appoints official administrator for UNIBANK GH LTD

3. Here’s a definition of Capital Adequacy ratio from Investopedia:

https://www.investopedia.com/terms/c/capitaladequacyratio.asp

Interesting times in the banking sector in Ghana.

Ciao!

Angela Azumah Alu, 21/03/2018

*featured image from: http://citifmonline.com/2018/03/21/10-things-know-unibank-takeover-infographic/

 

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