What is it about?
This paper seeks to analyze the unintended accompanying effects of the Bank of Ghana’s financial sector sanitization popularly referred to as “clean-up exercise” which ended in August 2019 on the operations of unaffected financial institutions with ardent interest in customer deposits or investment and lending activities.
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Why is it important?
The topic of Bank of Ghana's recent financial sector sanitization exercise has become generated an ongoing debate among Ghanaians as to its economic effects. It has therefore become necessary for researches to be conducted in this area to bring to bare empirical evidence regarding its true effects on the banking society and Ghana as a whole
Perspectives
This though provoking research tackles a very sensitive aspect of the Ghanaian economy. I therefore hope recommendations given are considered by Policy makers in subsequent similar actions.
Mr. Frederick Affum
Institute of Chartered Accountants, Ghana
Read the Original
This page is a summary of: The Unintended Effects of Bank of Ghana’s Clean-Up Exercise on Unaffected Financial Institutions: Evidence from Yilo Krobo Municipality, Ghana, Asian Journal of Economics Business and Accounting, August 2020, Sciencedomain International,
DOI: 10.9734/ajeba/2020/v17i130249.
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