24
Jun
Banks that made significant progress in their recapitalization plans have been permitted by the Bank of Ghana to distribute interim dividends, the Governor of the Bank of Ghana, Dr. Ernest Addison has revealed. This is coming following the impact of the Domestic Debt Exchange Programme on their operations. According to the Governor, banks with stronger capital positions have been allowed to pay interim dividends. This decision, he however said, is taken on a bank-by-bank basis to ensure that only those with robust capital positions are permitted to do so. Speaking at the recent Monetary Policy Committee (MPC) press conference, Dr.…