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No new banking applications yet- BOG

The Bank of Ghana (BoG) has stated that it is not processing any application for a fresh banking licence to new entrants into the banking sector.

The Governor of the BoG, Dr Ernest Addison, who stated this, was content that the banking sector reforms that cut the number of banks from 33 to 23 had made the banking sector more resilient to shocks.

by: Naa Anyema

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