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IMF Ghana June Report

IMF Ghana June Report

Written by IMF Wednesday, 20 July 2011 17:35

Since the 2003 FSAP Update, Ghana’s financial system has undergone rapid growth and structural transformation. Although the financial system remains relatively underdeveloped, the number of intermediaries and their scale of operations have increased, most notably in banking, insurance, capital markets, and micro finance.

The range of financial services has also broadened and corporate structures are becoming complex, with conglomerates gaining importance. In addition, foreign shareholding, particularly from within Africa, has increased in the banking and insurance sectors. more>>>

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