22% of banks in Ghana fail to meet CAR threshold of 13% – Report
About 22% of banks operating in Ghana have failed to meet the the 13.0% Capital Adequacy Ratio (CAR) threshold.According to IC Insights, these banks would require continuous adherence to recapitalisation plan, enforcement of strict credit risk standards, and continued profitability to restore capital buffers to pre-Domestic Debt Exchange Programme (DDEP) levels. Joy Business understands that majority of these banks are...