Omnibsic Bank has received support from government to enable it to reach the Bank of Ghana (BoG)’s minimum capital requirement of ¢400 million.
The bank received ¢130 million capital funding from the Ghana Amalgamated Trust Limited (GAT).
This is part of government’s support to solvent and well-run indigenous banks, which were otherwise having difficulties meeting the new minimum capital requirement deadline, to meet their obligations.
Management of Omnibsic Bank in a statement said the GAT funding will help them complete the final step in meeting the minimum capital requirement introduced by the Central Bank.
“This comes as good news for the bank and its customers and further underscores the confidence that the Bank of Ghana has in OmniBSIC bank” the statement said.
Meanwhile, in wake of the increasing number of COVID -19 cases in Ghana; the bank has intensified safety measures to ensure the protection of the health of its employees, customers and general public while it continues to provide great and innovative financial services during this period.
“Logistical support to help protect staff and customers have also been provided by the Bank to front line staff in the execution of their duties. These include gloves, hand sanitizers, rubbing alcohol, face masks, and temperature guns for all branches. To help customers maintain hand hygiene, the Bank has installed hand sanitizers at all its ATM outlets” the statement added.
Latest Stories
-
CAF Confederation Cup: Dreams face Zamalek, RS Berkane take on holders, USM Algiers
1 hour -
PURC could have found a better approach to settle issues with ECG – Dr Manteaw
1 hour -
CAFCC: John Antwi sure of positive result against Zamalek
2 hours -
I’ll choose Osofo Kyiri Abosom as my running mate over Akua Donkor – Prophet Kumchacha
2 hours -
LPG prices surge in Ghana, raising concerns over tax impact
2 hours -
I commend PURC for taking courageous step to fine ECG board members – Kwame Pianim
2 hours -
Financing assurance secured from bilateral creditors to aid 2nd review funding for Ghana – IMF Africa head
3 hours -
Man who set himself on fire outside Trump’s Manhattan hush money trial dies
3 hours -
Fuel purchase issues have nothing to do with personal interest – Egypa Mercer
3 hours -
ISRQ2024: Theorose School wins Championship with 0.5 points, heads to Canada
3 hours -
Use your voice, talents, skills to advocate for positive change – UniMAC VC tells graduates
3 hours -
Livestream: Newsfile discusses ‘dumsor’, Ex-MASLOC CEO jail and Election 2024
4 hours -
Otumfuo STEM Festival launched to find problem-solvers, promote science education
4 hours -
Irene Logan ties the knot in colourful ceremony
4 hours -
Alliance with other parties, not a merger – Alan Kyerematen
4 hours