Nimed Leaderboard

Banks can pay dividends if they meet strict conditions - BoG

The Bank of Ghana (BoG) has now allowed banks to declare and pay dividends to shareholders in respect of the 2020 and 2021 financial years if they can meet some stringent conditions. The central bank had earlier banned banks from paying dividends following the “liquidity releases to banks and specialised deposit-taking institutions (SDIs) that were provided by the BoG to contain the impact of the COVID-19 pandemic on the banking sector”.

The BoG has now softened its stance, stating that “In view of the uncertainties surrounding the pandemic and its potential impact on the banking sector, the Bank of Ghana by this Notice directs banks and SDIs to desist from declaring or paying dividends or distributing reserves to shareholders, and from making any irrevocable commitments regarding the declaration or payment of dividends to shareholders for 2020 and 2021 financial years, unless the following minimum criteria have been satisfied”

Banks must meet the six conditions below before they can pay dividends to shareholders.

1. Compliance with Sections 34 and 35 and all other relevant provisions of the Banks and Specialised Deposit-Taking Institutions Act, 2016 (Act 930);

2. Compliance with the Capital Adequacy Ratio of 13%, Cash Reserve Ratio of 10% and Non-Performing Loans (NPL) ratio of below industry average at all times;

3. Compliance with Section 72 as well as all other relevant provisions on dividend payments as prescribed under the Companies Act, 2019 (Act 992);

4. Submission of Audited Financial Statements to the Bank of Ghana;

5. Have no restrictions imposed on its operations by the Bank of Ghana by way of Prompt Corrective Actions (PCAs) as per Act 930; and

6. The Bank of Ghana stress test results on the specific bank showing that it will maintain sufficient capital buffers after payment of dividends.

However, in addition to meeting the conditions above, banks must still seek “written approval from the BoG before declaring or paying dividends or distributing reserves to shareholders, and making any irrevocable commitments regarding the declaration or payment of dividends to shareholders”.

The central bank noted that the measures have helped to ensure a stable banking sector, and that it would remain proactive in identifying and addressing risks to the banking sector.  All banks and SDIs are expected to immediately comply with this directive.

Comments (37)
Тепловизор - 2 hours, 29 seconds ago

Тепловизор Термовизор – электрооптический прибор, яже служит для выявления предметов сверху расстоянии. Тепловизор

сексшоп - 1 day, 9 hours, 49 minutes, 28 seconds ago

сексшоп Добро нагрянуть, чтимые читатели, на выше- всеобъемлющий справочник числом товарам для удовольствия. Как поставщик незаурядных товаров чтобы наслаждения, сексшоп

sexshop - 1 day, 10 hours, 31 minutes, 51 seconds ago

sexshop Доставляем для вас свой всеобъемлющий и шибко статарный фотопутеводитель по самым необычным секс-шопам Киева. sexshop

Anthonysulky - 2 days, 2 hours, 43 minutes, 18 seconds ago

сео обучение SEO установки чтобы новичков в течение Минске. Пошаговое школение SEO-оптимизации (а) также продвижению сайтов один-два нулевой отметки ут специалиста. курсы создания и продвижения сайтов

Kennethpek - 2 days, 2 hours, 43 minutes, 34 seconds ago

продвижение сайтов обучение Основываем сайтики с нулевой отметки: штучный Этнодизайн и еще качественная Верстка. От визитки до магазина. Разработка вебсайтов через $400. Под ключ. обучающий сайт продвижение

makeup - 3 days, 3 hours, 24 minutes, 15 seconds ago

Permanent makeup Do you pine for to highlight your routine beauty? Then endless makeup is a eminent election! This is a procedure performed by well-informed craftsmen who comprehend all its subtleties. Permanent makeup

заводрти - 3 days, 4 hours, 7 minutes, 43 seconds ago

Завод РТИ Утилизируем на изготовлении пресс-формы, четвертое сословие гидромеханические (а) также механические, силуэт чтобы изготовления шин (а) также резинных изделий. Завод РТИ

Микрозайм - 5 days, 3 hours, 44 minutes, 16 seconds ago

займ на карту без отказа Найдите подходящий ссуду без отказа на одной с 79 компаний. НА каталоге 181 фраза с ставкой от 0%. На 22.03.2023 доступно 79 МФО, экспресс-информация числом ... займ на карту без отказа

Микрозаймы - 5 days, 4 hours, 10 minutes, 51 seconds ago

займ на карту Займ на карту — этто толк кредита, который покупателю отпускает безлюдный (=малолюдный) банк, что-что микрофинансовая компания. Такой кредитор использует гораздо более простые ... займ на карту

Платье - 6 days, 5 hours, 3 minutes, 19 seconds ago

Вечерние платья Наша сестра знаем, яко выбор образцового вечернего платья может фигурировать черт ногу сломит задачей, экстренно если вы хотите выглядеть я не могу поверить и подчеркивать свойскую индивидуальность. Вечерние платья

actuabeat - 25 days, 11 hours, 42 minutes, 26 seconds ago

They are gatherers of information, they know a little about everything, and like nothing more than to pass on their bank of knowledge buying cialis online usa

Orestezek - 1 month, 2 days, 2 hours, 44 minutes, 36 seconds ago

Here, you can get a detailed look at your personal needs and receive evidence- based recommendations canadian pharmacy cialis 20mg The incidence of testicular cancer has been increasing in many western countries

GeorgeCob - 1 month, 6 days, 4 hours, 44 minutes, 59 seconds ago

cialis 5 mg cialis comprar cialis

Maf - 1 month, 6 days, 16 hours, 2 minutes, 2 seconds ago

The match, which comes up at the teams’ regular home at Salt Lake Stadium on Saturday after the pandemic, is expected to bring alive the excitement and the drama usually associated with the intense rivalry shared by the traditional rivals. Northeast Utd East Bengal Club vs Bengaluru - Prediction, H2H, Tip and Match Preview The ISL 2022-23 match between East Bengal FC and Odisha FC will take place on November 18, Friday. Mohun Bagan player strikes the header off target, ball is cleared by the East Bengal. Northeast United FC (4-3-3)SC East Bengal (4-4-2) The match, which comes up at the teams’ regular home at Salt Lake Stadium on Saturday after the pandemic, is expected to bring alive the excitement and the drama usually associated with the intense rivalry shared by the traditional rivals. If you prefer to watch the live broadcast online, VAVEL USA is your best option. But those puzzled at why Dani Alves, who has had a career filled with trophies and titles, would want to feature in the eternally unappreciated Olympic football tournament will have found their answer in his performances during these Games. UEFA Europa Conference League It is an admirable approach and one which reflects Brazil's respect for the Olympic football tournament - which they finally won five years ago on home turf in Rio. It's been 36 years since Olympic won a first round game at state. The Trojans reached the quarterfinals in 1984 and 1986 after playing in the semifinals in 1983 (Olympic fell to eventual 2A state champion Kelso). - Manchester City striker Ellen White scored both goals to get Hege Riise’s side off to a winning start

dalheenly - 1 month, 7 days, 16 hours, 39 minutes, 49 seconds ago

Selection of the antibiotic should be based on the organism most likely causing the infection is generic cialis available

Volbory - 1 month, 9 days, 13 hours, 50 minutes, 27 seconds ago

buy viagra canada Etomidate typically comes in a 20mg 10mL vial, which would be an appropriate dose for a 70kg 154lb adult

acelt - 1 month, 11 days, 20 hours, 13 minutes, 25 seconds ago

La roulette avec croupiers en direct n'est pas à proprement parler une variante de roulette. Il s'agit plutôt d'un mode de jeu spécifique, qui fait intervenir de véritables croupiers et croupières. Ceux-ci animent la partie, face à une caméra. Les jeux de roulette française, européenne et américaine sont disponibles en version « live ». Lorsque l’on pense au casino, une image apparaît inévitablement dans l’esprit de tout le monde : la fameuse roulette. Ce jeu de table est l’un des plus célèbres symboles de tous les casinos, et c’est évidemment le cas dans notre casino, avec une variété de roulettes en ligne qui sauront vous séduire. L’industrie des casinos se développe à une vitesse vertigineuse, et avec une offre de centaines de casinos en ligne, dénicher un casino en ligne fiable est loin d’être une tâche facile. Dans cette liste de sites recommandés, combien d’entre eux peuvent vous fournir des informations précises et actualisées ? Comment détecter le meilleur casino en ligne de la toile ? Nous sélectionnons les plateformes qui disposent d’une licence de jeu. Cette autorisation constitue la garantie de la légalité du site de jeux d’argent. Ainsi, vous pouvez vous amuser en toute sécurité. En outre, l’accréditation signifie que vous avez affaire à un casino en ligne sérieux. En effet, les juridictions vérifient plusieurs critères avant d’octroyer une licence. Si vous débutez en tant que joueur de casino en ligne et que vous ne savez pas lequel choisir, ces quelques conseils vous seront certainement utiles. Vous pouvez voir les avantages garantis par les sites, comme les bonus offerts, ainsi que la rapidité des paiements des gains. Vous pouvez également consulter les méthodes de paiements possibles pour les différentes plateformes de jeux de hasard en ligne.

lymntoito - 1 month, 12 days, 6 hours, 24 minutes, 50 seconds ago

In contrast, conventional vaccines contain trace amounts of other antigens that may aid in conferring an immunity to infectious agents that is more solid than could be provided by a monovalent vaccine discount cialis Methods Three hundred seventy one women unaffected by cancer and with unknown mutation status from families with a dominantly inherited susceptibility to breast cancer, recruited through a large Australian population based, epidemiological study, were assessed using a mailed self administered questionnaire with validated measures of psychological outcome

Wirwere - 1 month, 13 days, 14 hours, 27 minutes, 28 seconds ago

how does lasix cause renal failure What sterons should I do without being too hardcore and fucking myself up

Prervitty - 1 month, 18 days, 10 hours, 6 minutes, 33 seconds ago

Emanuel, USA 2022 06 26 10 09 59 tamoxifen 20 mg

Invaste - 1 month, 21 days, 8 hours, 7 minutes, 46 seconds ago

2 Blisters, heals in 7 21 days cialis 20mg for sale This raises the possibility that tamoxifen induced degradation of CIP2A occurs through increased 4HNE formation leading to PP2A activation

soucceest - 1 month, 26 days, 16 hours, 28 minutes, 14 seconds ago

May be used to treat acute pain and reduce the healing time of the rash associated with herpes zoster canadian pharmacy cialis 20mg are widely distributed on all continents except Antarctica

DilmDiads - 1 month, 23 days, 22 hours, 49 minutes, 30 seconds ago

He is able to navigate 12 steps with supervision and is independent with ADL s buy priligy 60 One of the clones isolated from the leukocyte library using these oligonucleotide probes contains a 3

RexUttemi - 2 months, 10 hours, 20 minutes, 55 seconds ago

If I froze eggs or embryos before treatment, should I use them or should I try to get pregnant naturally stromectol online uk

NageanaeS - 3 months, 12 days, 3 hours, 27 minutes ago

Lean Mass Gain Pack Oral Dianabol Winstrol 6 Weeks cialis online no prescription s a really, really good blocker

trawlelry - 3 months, 14 days, 11 hours, 54 minutes, 1 second ago

The goal of diuretic therapy is to reduce body weight by about 0 lasix medication

Platela - 3 months, 14 days, 20 hours, 58 minutes, 55 seconds ago

Menopausal hormone therapy does not significantly increase breast cancer risk in premenopausal BRCA carriers who have had risk reducing salpingo oophorectomy moderate levitra 5mg generique 8 9 meeting of its Monetary Policy Committee

smeatsvaw - 3 months, 20 days, 13 hours, 15 minutes, 58 seconds ago

buy generic cialis online The Predicted Protein Has Structural Motifs Characteristic of B Box Zinc Finger Family Proteins

Timothyamoms - 4 months, 3 days, 11 hours, 10 minutes, 44 seconds ago what are ed drugs

Encasia - 4 months, 6 days, 17 hours, 4 minutes, 27 seconds ago

Adverse events occurring with an incidence of at least 5 in either treatment group during treatment, or within 14 days of the end of treatment Body system and adverse event by COSTART preferred term Anastrozole 1 mg N 3092 Tamoxifen Farmos 20 mg N 3094 Body as a whole Asthenia 575 19 544 18 Pain 533 17 485 16 Back pain 321 10 309 10 Headache 314 10 249 8 Abdominal pain 271 9 276 9 Infection 285 9 276 9 Accidental injury 311 10 303 10 Flu syndrome 175 6 195 6 Chest pain 200 7 150 5 Neoplasm 162 5 144 5 Cyst 138 5 162 5 Cardiovascular Vasodilatation 1104 36 1264 41 Hypertension 402 13 349 11 Digestive Nausea 343 11 335 11 Constipation 249 8 252 8 Diarrhea 265 9 216 7 Dyspepsia 206 7 169 6 Gastrointestinal disorder 210 7 158 5 Hemic and lymphatic Lymphoedema 304 10 341 11 Anemia 113 4 159 5 Metabolic and nutritional Peripheral edema 311 10 343 11 Weight gain 285 9 274 9 Hypercholesterolemia 278 9 108 3 lasix to torsemide conversion

WAIBUMS - 4 months, 8 days, 23 hours, 40 minutes, 55 seconds ago

I bet you never thought you d see yourself bald fish doxycycline 500 mg Topically applied calcipotriene can be absorbed in sufficient amounts to produce systemic effects

Zelmict - 4 months, 11 days, 19 hours, 58 minutes, 28 seconds ago

Breast cancer, smoking, 135 p1136, 139 p162 clomid men Other under Primary type of trial reflects a trial to prevent lymphedema in patients treated for breast cancer

coessot - 4 months, 18 days, 13 hours, 9 minutes, 17 seconds ago

Danny, USA 2022 05 04 19 28 30 alternative to tamoxifen Undiluted fatty acid cocktail and PUFAs solutions were supplemented at 1 v

Rodsemore - 4 months, 27 days, 21 hours, 15 minutes, 54 seconds ago

stromectol order Calls to its offices werenot returned

Maria - 5 months, 26 days, 5 hours, 39 minutes, 42 seconds ago

Фильмы музыка сериалы онлайн

Suclige - 7 months, 10 days, 8 hours, 34 minutes, 2 seconds ago

where can i buy stromectol in the usa comprar cialis en madrid

ALBUSSY - 7 months, 27 days, 5 hours, 36 minutes, 9 seconds ago

Synthroid By Mail buy cialis online uk