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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...
