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The Bank of Ghana, in August 2017, revoked the license of two commercial banks - UT Bank and Capital Bank. The action was triggered by the inability of the two banks to turn around their negative capital adequacy positions,

Read the Full GhanaWeb Article at:
https://www.ghanaweb.com/GhanaHomePage/business/Revocation-of-Licence-Read-the-letter-Bank-of-Ghana-sent-to-founder-of-defunct-UT-Bank-1974557
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