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Only 66% of Rural Banks have met BoG’s minimum capital requirement – Apex Bank



The ARB Apex Bank is urging all Rural and Community Banks (RCB’s) that have not met the Bank of Ghana’s minimum capital requirement of Gh 1million to speed up with their compliance plans.
Currently, 94 out of the 141 RCBs across the country have met the minimum capital base required by the central bank.
Expressing concern for all RCBs to comply and even add more to the regulatory minimum capital, Reuben Adamtey, a director of the Apex bank said complying with the directive will also enable the banks to take advantage of bigger business opportunities in their operations

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