Debt Exchange Programme:GAB Direct Commercial Banks Not To Sign Onto Offer Until Demands Are Met

mybrytfmonline.com

Jan 16, 2023 2:20 PM

The Ghana Association of Banks (GAB) has directed commercial banks not to sign onto the amended debt exchange offer until its members’ demands are met.

This is due to the uncertainty regarding the impact of the debt restructuring on the banking industry.

It therefore want an extension to the deadline for the amended debt exchange offer.

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According to the Association, it wants all concerns regarding the programme to be addressed before commercial banks accept it.

Source:Mybrytfmonline.com/Kwabena Nyarko Abronoma

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