Minimum Capital Requirements for Financial Institutions in Ghana

Class I Banks – GH¢400 million

Class II Banks – GH¢400 million

Rural Banks – GH¢1 million

Savings & Loans Companies – GH¢15 million

Non- Bank Financial Institution (Mortgage and Leasing Company) – GH¢15 million

Microfinance Companies (deposit-taking or not) – GH¢2 million [of which 75% must be in liquid assets]

Financial NGOS – GH¢300,000 [Minimum Owner’s Contribution]

Credit Reference Bureau – GH¢500,000

All data sourced from Bank of Ghana

9 comments

  1. What requirements should I meet as a potential tier 4 money lending business in ghana with regard to the registration and other legal requirement of the business?

  2. This blog is far more informative than even most than site around including the SEC AND BOG webpage.
    I came across this site by chance and am loving it.
    Its hard finding lending and interest rates of various banks in Ghana but you have made it so simple for me.
    Thanks

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