Audio By Carbonatix
Fidelity Bank is set to list on the Ghana Stock Exchange by next year.
Officials say the listing which should have happened last year was postponed due to some challenges.
The bank’s shares are currently privately held. Managing Director Edward Effah tells Joy Business the listing is part of plans to let the public become part-owners of the fast growing bank.
According to him, the bank’s stocks are very attractive to the public, adding, "private placement and right issue have been oversubscribed for more than 40 per cent," he said.
Source: Joy Business/Myjoyonline.com/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
140 migrants in single dinghy rescued in English Channel
22 minutes -
FIFA president Infantino will stand for re-election
31 minutes -
Catholic Bishops reject calls for Chief Justice’s resignation over political remarks
40 minutes -
Germany’s far-right AfD set for big win in eastern state, just short of majority
1 hour -
Catholic Bishops urge Chief Justice to avoid remarks that could raise doubts about impartiality
1 hour -
Mrs Doris Emma Doryumu (Nee Dove)
1 hour -
Illegal mining concessions easier to obtain than lawful ones in Ghana – Prof Frimpong-Boateng
2 hours -
At least 5 dead after Amazon cargo plane barreled off runway at Miami airport
2 hours -
Frimpong-Boateng proposes Environmental Restoration Fund funded by mineral royalties
2 hours -
Corrupt individuals are worse than pathogens; their actions cause premature deaths – Prof Frimpong-Boateng
2 hours -
No illegal mining operation will find refuge on Akyem Essase lands — Chief declares
2 hours -
Flight price rises due to ‘foolish leaders’ starting wars, Virgin’s Branson says
2 hours -
Consult traditional authorities before granting mining concessions on stool lands — Baffour Sikabede to gov’t
2 hours -
Why are European countries moving their gold out of North America?
2 hours -
Galamsey: Chiefs must not trade rivers for mining royalties – Baffour Sikabede
2 hours