Bank of Ghana takes over Unibank
The Bank of Ghana has announced it has taken over the management of private bank, Unibank.
The Governor of the central bank explained at a press conference, the
takeover is due to challenges facing the bank. He mentioned
weak supervisory standards and weak operations as the cause of
the challenges.
Ernest Addison said the bank, last year, provided inaccurate data during the central bank's effort to resolve the problems.
The take-over comes weeks after Unibank announced it was taking over adb.
Credit: myjoyonline
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