Tag Archives: Ghana injects $150m into banks as bond-sale plan flops

Ghana has pumped 800 million cedis ($150 million) into a special purpose vehicle created to bail out banks that don’t have enough capital, according to four people with knowledge of the matter. Ghana Amalgamated Trust (GAT) will be getting the funds from the Finance Ministry after dropping a plan to raise the money through a bond sale, said the people, ...

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