Banking (Capital, Audit And Prudential Requirements) Regulations, 1988 (LI 1389).
Regulation1: Minimum Capital for Licence.
No person shall qualify to hold a licence unless
(a) in the case of a Ghanaian banking business, the business maintains a minimum paid up capital of not less than two hundred million cedis; or
(b) in the case of a foreign banking business the business maintains a minimum paid up capital of five hundred million cedis of which not less than three hundred million cedis shall be brought into Ghana in convertible currency; or
(c) in the case of any other banking business, the bank shall maintain such minimum capital as the Bank of Ghana may determine .
Procedure to Follow
Not Avaiable
Responsible Institution
Accra Central
- Email: info@bog.gov.gh
- Website: www.bog.gov.gh
- GPS: GA-065-3452
- Telephone: 233302666174
Relevant Forms to Download
Not Available
Online System
Fees/ charges
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