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• Afare Apeadu Donkor
• Afari Donkor
• ECOBank
• HFC Bank
• increased profit
• Recapitalization

• CAL Bank MD Goofed •Afare Donkor

  Afare Apeadu Donkor, the largest individual shareholder of CAL Bank has stated categorically that the board and management of the bank goofed during the annual general meeting (AGM) held in March 27 this year because they did not follow due corporate... Posted Jun 02 2008, 01:16 PM by daisy with | with no comments Filed under: Cal bank, Afare Apeadu Donkor

• Single largest shareholder of CAL Bank calls for MD's removal

  The single largest individual shareholder of CAL Bank, Afari Donkor, is calling for the removal of the Managing Director of the bank, Frank Adu Jnr. Mr Donkor who has 11% shares in the bank, has called for an Extraordinary General Meeting (EGM) to be... Posted May 14 2008, 12:00 PM by daisy with | with no comments Filed under: Cal bank, Afari Donkor

• More Banks Move To Recapitalise

  HFC, Ecobank and Cal banks are moving vigorously to shore up their stated capital, following Bank of Ghana’s announcement of a new minimum capital requirement of GH¢60 million by the end of 2009 for exotic banks and 2012 for local banks. All the three... Posted Apr 18 2008, 10:37 AM by daisy with | with no comments Filed under: ECOBank, Recapitalization, HFC Bank, Cal bank

• Cal bank increases profit by 36%

  Cal Bank, one of the emerging financial institutions in Ghana raised its profit before tax to GH¢8.3 Million in 2007 from GH¢6.8million in 2006, representing an increase of 22%. Its profit after tax grew to GH¢6.4million in 2007 from a record of GH¢4... Posted Mar 28 2008, 02:09 PM by daisy with | with no comments Filed under: increased profit, Cal bank