DOSSIER: GCB takes over UT, Capital Bank

Stories of or related to the takeover of UT Bank and Capital Bank by GCB

We cannot afford instability, recklessness in banking sector - Akufo-Addo (2018-05-21)
Ex-Capital and UT Bank workers demand exit-pay, benefits (2018-05-09)
Ex Capital bank workers lament locked up provident funds (2018-05-09)
Defunct UT & Capital Bank staff cry over 'exit pay' (2018-05-04)
Severance packages for staff of defunct UT, Capital banks in limbo (2018-04-26)
GCB staff donate to Weija Leprosarium (2018-04-25)
Probe auditors of defunct UT, Capital banks - Auditor General (2018-04-20)
Former employees of UT, Capital bank demand payment of exit package (2018-04-20)
Defunct Capital Bank founder Ato Essien released after detention (2018-04-19)
We didn’t pledge our ESB for loans – Ex-UT, Capital banks’ staff (2018-04-18)
Capital Bank boss nabbed (2018-04-18)
Make cost of credit affordable – Paramount Chief urges BoG, GCB, others (2018-04-17)
Former Capital, UT Banks workers cry over unpaid entitlements (2018-04-17)
Aggrieved staff of defunct Capital Bank demand severance package (2018-04-13)
Capital Bank boss arrested (2018-04-11)
Capital Bank boss arrested (2018-04-11)
Local banks face GH¢4bn capital hurdle (2018-04-11)
EOCO detains Reverend Fitz Odonkor over Capital Bank collapse (2018-04-10)
Capital Bank collapse probe: Rev. Fitz Odonkor granted bail by EOCO (2018-04-10)
Ex Capital Bank MD, Rev Odonkor not detained – EOCO Boss (2018-04-10)
EOCO detains Fitz Odonkor over Capital Bank collapse (2018-04-10)
EOCO detains Rev. Fitz Odonkor over Capital Bank collapse (2018-04-10)
Ibrahim Mahama collapsed UT Bank with GHC302m loan - Ken Agyapong (2018-04-09)
Ibrahim Mahama’s inability to pay GHC302m loan killed UT Bank - Ken Agyapong (2018-04-08)
EOCO has not summoned me or any UT bank director – Kofi Amoabeng (2018-03-29)
EOCO invites UT, Capital Bank directors over collapse (2018-03-28)
EOCO summons directors of UT and Capital banks (2018-03-27)
I certainly will come back, I’m Johnnie Walker – Kofi Amoabeng (2018-03-23)
I’ve learnt my lessons, I’ll bounce back – Kofi Amoabeng (2018-03-22)
Probe into UT, Capital Banks’ collapse not yet complete – Deputy Governor of Bank of Ghana (2018-03-21)
Banks reposition to meet new capital requirement (2018-03-12)
Banking sector faces distortion over ¢2bn bond for UT, Capital banks’ debt (2018-03-11)
Government to blow GHC2bn on collapsed UT, Capital banks? - Minority demands answers (2018-03-08)
Minority petitions BoG, wants details on UT, Capital Banks’ takeover (2018-03-07)
UT, Capital banks’ assets on sale (2018-02-20)
Deposit protection will help boost confidence in financial sector - Franklin Belnye (2018-02-06)
70% staff of UT, Capital Banks absorbed by GCB (2018-02-06)
GCB Bank absorbs 70% of UT, Capital banks’ staff (2018-02-05)
UT, Capital banks collapse: GCB shuts down 31 branches (2018-02-05)
GCB completes UT, Capital banks integration (2018-02-05)
PwC selects ‘buyers’ of UT, Capital banks’ loan portfolios (2018-01-26)
BoG urges consolidation (2018-01-22)
PwC announces ‘Expression of Interest’ of loan portfolio of UT, Capital banks (2018-01-09)
GCB integrates system to cover UT, Capital banks (2018-01-04)
Collapse of UT, Capital banks cost GH¢3.4bn — Isaac Adongo (2017-12-14)
Capital Bank boss in fresh scandal (2017-11-02)
Banks base rates stay at 26.6% in September (2017-10-23)
Collateral lending causing collapse of banks - Former Deputy Governor of BoG (2017-10-13)
UT, Capital collapse could undo local banks’ efforts – Banker (2017-10-09)
Number of banks operating in Ghana must be reduced - Fidelity Bank MD (2017-10-06)
Hundreds of defunct UT, Capital Bank staff sacked; GCB remains tight-lipped (2017-10-04)
GCB sacks over 700 UT/Capital Banks staff (2017-10-03)
Revocation of licenses of UT, Capital Banks apt – Andani (2017-09-27)
HFC in talks with two banks to meet GHC400m minimum capital requirement (2017-09-22)
Bank executives to face BoG sanctions for reckless decisions (2017-09-17)
NIB denies GCB Bank takeover claims (2017-09-15)
Banks need strong corporate governance to survive - Governor (2017-09-15)
UT Bank delisted from stock exchange (2017-09-15)
Staff of Capital, UT demand severance packages (2017-09-14)
Zenith Bank opens arms to acquisition (2017-09-14)
We’re ready for mergers, acquisitions among banks — BoG (2017-09-13)
UT, Capital staff to receive rated severance pay (2017-09-13)
Fate of UT, Capital workers uncertain (2017-09-13)
1000 workers of UT, Capital Banks sacked (2017-09-13)
Fate of UT, Capital workers uncertain (2017-09-13)
BoG minimum capital not good - Nduom (2017-09-12)
BoG’s minimum capital to fix NPLs – Financial Analyst (2017-09-12)
Contract of UT, Capital bank workers terminated (2017-09-12)
New capital requirement could force 15 banks to go down (2017-09-11)
Sanctioning Capital/UT Banks takeover my biggest challenge – Ofori-Atta (2017-09-07)
IMF praises BoG over UT, Capital takeover (2017-09-06)
Blame government, 'dumsor' for challenges in private sector - Financial analysts (2017-09-06)
IMF praises BoG over UT, Capital banks takeover (2017-09-05)
The fate of UT and Capital banks’ shareholders (2017-09-03)
Local businesses should not be attacked - Harruna Attah (2017-09-03)
Feature: The fate of UT and Capital banks’ shareholders (2017-09-02)
GSE praised for suspending companies (2017-08-30)
What happens to shareholders, employees of UT Bank and Capital Bank? (2017-08-30)
UT, Capital banks still on BoG’s banking list (2017-08-30)
Collapse of UT, Capital Banks; OmniBank MD counsels banks to lend wisely (2017-08-29)
8 key Q&A s on collapse of UT, Capital Bank (2017-08-28)
Otabil is responsible for Capital Bank collapse – Kwaku Boahene (2017-08-28)
Mensa Otabil’s daughter cries for her inheritance (2017-08-26)
M.anifest’s take on the UT, Capital Banks collapse (2017-08-25)
More banks risk collapse over high power cost – Economist (2017-08-24)
Pastor Otabil's daughter pens touching letter following Capital Bank collapse (2017-08-24)
I want my future husband to be like my father – Mensa Otabil’s daughter (2017-08-24)
UT, Capital Bank collapse shouldn’t deter Ghanaian entrepreneurs – M.anifest (2017-08-24)
Silence is the hallmark of a wise leader – Dag Heward-Mills (2017-08-24)
Stop reading Otabil’s books; throw them into garbage cans - Top NDC member (2017-08-23)
Rev. Owusu Bempah slams Mensa Otabil's critics (2017-08-23)
Banks collapse: Protect our pension funds – TUC (2017-08-23)
Capital Bank collapse: Mensa Otabil hides behind Holy Bible (2017-08-23)
Otabil is a pastor, businessman and politician - MP (2017-08-23)
Capital Bank collapse: Otabil’s daughter consoles him (2017-08-23)
The takeover of UT Bank, Capital Bank – Matters arising (2017-08-22)
UT, Capital banks shareholders sure of recouping investments - President of GSE Shareholders (2017-08-22)
Otabil popped champagne after Capital Bank collapse - Minority (2017-08-22)
UT, Capital crashes: Nduom urges aggressive loan recovery (2017-08-22)
Collapse of UT and Capital banks – A case of a collective national failure (2017-08-22)
UT, Capital collapse ‘unfortunate’ – Nduom (2017-08-22)
Throw Otabil’s books in the ‘bins’ – Alhaji Sani to buyers (2017-08-22)
UT, Capital staff to suffer pay cut (2017-08-21)
Pastor Otabil, God's creation looks like an insult? (2017-08-21)
Devil, I poked your eye; you can't stop me – Otabil (2017-08-21)
Bank of Ghana must be blamed for Capital and UT banks collapse -Tax Lawyer (2017-08-21)
Unpaid loans contracted by international firms collapsed UT and Capital Banks - Lecturer (2017-08-21)
Otabil’s pulpit response was not godly – Suhuyini (2017-08-21)
Otabil recounts tortuous experience with collapse of Capital Bank (2017-08-21)
Otabil, integrity and the lesson for us all (2017-08-21)
Ibrahim Mahama collapsed UT Bank – Wontumi alleges (2017-08-21)
GCB to clear UT, Capital debts (2017-08-21)
Ghana’s fortunes soon to increase in 'leaps and bounds’ – Otabil (2017-08-21)
BoG to commission audit into UT, Capital banks’ operations (2017-08-21)
Bank of Ghana must be blamed for Capital and UT banks collapse - Tax Lawyer (2017-08-21)
Responding to critics using your pulpit ungodly – Suhuyini blasts Otabil (2017-08-21)
Ghana to witness ‘massive’ economic turnaround – Pastor Otabil prophesies (2017-08-21)
Devil, I poked your eye; you can't stop me – Otabil (2017-08-21)
Apologize for insulting us - NDC warns Otabil (2017-08-21)
NDC MP demands apology from Otabil over 'insult' comment (2017-08-21)
Can we hold the directors of UT Bank and Capital Bank responsible? (2017-08-20)
BOG breached laws by revoking UT, Capital Bank licenses - Loh (2017-08-20)
Who are the minority NDC operatives trying to convince? (2017-08-20)
These knavish prophets feed on the ignorance of Ghanaians! (2017-08-20)
People who 'look like insult' now 'insulting me' – Otabil (2017-08-20)
GCB decides to lay off all UT, Capital bank executive members (2017-08-20)
GCB decides to lay off all UT, Capital Bank executive members (2017-08-20)
God used my sermon to prepare me for Capital Bank misfortune - Otabil (2017-08-20)
Last Wednesday was 'terrible' for me – Otabil (2017-08-20)
Mensa Otabil admits to rough week after bank collapse (2017-08-20)
Banks collapse: Laid off workers will survive – Toma Imihere (2017-08-20)
I'll bounce back 'as gold' - Otabil (2017-08-20)
'Some people feel up, when you go down' - Otabil weighs into Capital Bank collapse (2017-08-20)
Mensa Otabil breaks silence on Capital Bank takeover (2017-08-20)
People insulted me after Capital Bank collapse – Mensa Otabil (2017-08-20)
Otabil preaches ‘Peace’ days after Capital Bank headache (2017-08-20)
People rejoicing over my Capital Bank collapse - Mensa Otabil (2017-08-20)
People who 'look like insult' now 'insulting me' – Otabil (2017-08-20)
Let’s cut bank numbers to 9 – HFC MD (2017-08-20)
Akufo-Addo lauds BoG for revoking licenses of Capital Bank, UT Bank (2017-08-20)
Ghana needs fewer banks – Casely-Hayford (2017-08-20)
UT/Capital banks collapse: Are the directors liable? (2017-08-19)
BoG unblocks accounts of Capital, UT Bank key managers (2017-08-19)
Probe UT, Capital closure objectively – Lecturer (2017-08-19)
BoG’s supervisory role not the best – Tetteh Chaie (2017-08-19)
BoG spent over ¢5bn to support 'distressed' banks in 2 years (2017-08-19)
BoG spent over GHC 5bn to support 'distressed' banks in 2 years (2017-08-19)
Banks collapse: BoG should’ve sent out warnings – Franklin Cudjoe (2017-08-19)
Banks collapse: BoG should’ve sent out warnings – Franklin Cudjoe (2017-08-19)
Ghana needs just 5 banks – Casely Hayford (2017-08-19)
I have 'no regrets' for top managers of UT, Capital Banks - Adu Asare (2017-08-19)
BoG's Rambo-style takeover of UT, Capital Banks needless - NDC lawyer (2017-08-19)
You cannot trust BoG to do an unbiased job in investigating Capital Bank - NDC lawyer (2017-08-19)
GCB to clear UT, Capital Bank debts (2017-08-19)
One Capital for UT (2017-08-19)
Capital Bank rot exposed (2017-08-18)
Collapse of UT Bank: Shareholders’ fate in the balance (2017-08-18)
Editorial: After the take-over, what next? (2017-08-18)
Akufo-Addo lauds BoG's response to 'weak' UT, Capital Banks (2017-08-18)
BoG freezes accounts of UT, Capital CEOs (2017-08-18)
Fix weaknesses in banking sector – Akufo-Addo to BoG (2017-08-18)
Simpa Panyin: Bank of Ghana and the making of Bruce Lee (2017-08-18)
Kumchacha hits hard at Mensa Otabil (2017-08-18)
Revoking licences of UT, Capital Banks decisive – Akufo-Addo (2017-08-18)
Government's intervention in UT, Capital Banks takeover laudable - Danquah Institute (2017-08-18)
BoG's 'lack of foresight' collapsing financial market – NDC MP fumes (2017-08-18)
We’re sufficiently capitalised – The Royal Bank CEO (2017-08-18)
It’s a shame a ‘competent’ Otabil could not save Capital Bank – Kumchacha (2017-08-17)
Takeover of two banks good for financial stability – Bankers (2017-08-17)
Is Kofi Amoabeng’s refusal to pay tithe cause of UT Bank collapse? (2017-08-17)
Collapsed banks: Labour Minister to meet GCB over workers’ fate (2017-08-17)
Collapsed banks: Labour Minister to meet GCB over workers’ fate (2017-08-17)
And Bawumia’s word came to pass (2017-08-17)
NDC’s bad economic management cause of UT, Capital Banks collapse - Lecturer (2017-08-17)
Capital Bank’s collapse has exposed Otabil’s incompetence – Kweku Boahen (2017-08-17)
Displaced workers in UT, Capital banks' fold-up need psychological insurance - GPA (2017-08-17)
Congratulate UT, Capital Bank Bosses, don’t cry for them - Consultant (2017-08-17)
Capital Bank’s collapse has exposed Otabil’s incompetence – Kweku Boahen (2017-08-17)
Minority calls for bi-partisan probe into UT, Capital Banks (2017-08-16)
There's no law for bipartisan probe of collapse of UT, Capital Banks – Lawyer (2017-08-16)
Bank of Ghana and the making of Bruce Lee (2017-08-16)
How Kwesi Pratt’s Insight Newspaper predicted the collapse of Capital Bank (2017-08-16)
Otabil must be held responsible for collapse of Capital Bank – Kwaku Boahene (2017-08-16)
NDC’s borrowing collapsed UT, Capital Bank – Yaw Preko (2017-08-16)
Former Capital Bank CEO predicted bank's collapse (2017-08-16)
Uniform capitalisation could spike non-performing loans – Royal Bank boss (2017-08-16)
Further investigations of bank directors is proper (2017-08-16)
UT Bank bosses sacked (2017-08-16)
GCB Bank to minimise negative effects of integration (2017-08-16)
UT Boss must blame himself; NOT first class graduates and light-skinned ladies (2017-08-16)
BoG has turned into 'American Marines' – Allotey Jacobs (2017-08-16)
UT Life dissociates itself from UT Bank (2017-08-16)
UT, Capital Banks sale to GCB turns murky (2017-08-16)
We can’t employ all UT, Capital Bank workers - GCB MD (2017-08-16)
Energy debts partly caused UT, Capital Bank collapse – Casley-Hayford (2017-08-16)
UT Bank takeover won't affect pensions - NPRA assures trustees (2017-08-16)
Collapse of banks – An NDC tsunami of incompetence (2017-08-16)
You called Mahama incompetent yet you couldn’t manage Capital Bank – Kumchacha to Otabil (2017-08-16)
UT bank, Capital bank collapse: GCB not obliged to keep employees – Analyst (2017-08-16)
2 banks crash! Customers panic over takeover (2017-08-15)
UT, Capital takeovers not overnight decision – GCB (2017-08-15)
Blame IMF for UT, Capital takeovers - Analyst (2017-08-15)
UT Bank, Capital Bank collapse: No panic withdrawals so far – BoG (2017-08-15)
UT, Capital Banks staff to undergo skills assessment – GCB (2017-08-15)
UT, Capital Banks staff to undergo skills assessment (2017-08-15)
Minority fights for settlement of defunct UT, Capital banks’ staff (2017-08-15)
BoG to punish Directors, shareholders responsible for UT Bank, Capital Bank collapse (2017-08-15)
Investigate UT, Capital Banks demise – Minority (2017-08-15)
All banks now within capital adequacy threshold - Governor (2017-08-15)
Full text: Minority reacts to acquisition of UT, Capital Banks by GCB (2017-08-15)
Take steps to protect depositors, banks from collapse- Minority urges (2017-08-15)
BoG boss, Finance Minister must face Parliament – Minority (2017-08-15)
Kwesi Pratt explains how Capital Bank took him to court (2017-08-15)
Bank of Ghana assures customers of UT, Capital Banks (2017-08-15)
Minority's call for bipartisan probe into UT, Capital Banks collapse ‘illegal’ – Lawyer (2017-08-15)
GCB Bank assures UT, Capital Bank customers’ unfettered access to funds (2017-08-15)
People take loans from banks with no intention to repay - Prof Bopkin (2017-08-15)
UT Bank, Capital Bank collapse: No panic withdrawals so far – BoG (2017-08-15)
Takeover of UT Bank will not affect pension funds - NPRA (2017-08-15)
There’ll be layoffs – BoG official on UT, Capital banks takeover (2017-08-15)
BoG to sanction UT, Capital Banks officials over collapse (2017-08-15)
Coup d'etat at UT Bank and Capital Bank (2017-08-15)
Shareholders must invest more in their banks – Dr Adu Antwi (2017-08-15)
Capital Bank shareholders won’t be compensated – BoG (2017-08-15)
UT, Capital Bank workers to be put on probation (2017-08-15)
Takeover of UT, Capital banks not surprising – Akoto Osei (2017-08-15)
BoG licenses three more Banks (2017-08-15)
Too many commercial banks in Ghana - Akoto osei (2017-08-15)
2 Banks crash! Customers panic over takeover (2017-08-15)
Greed, profits cause of banks’ failings – Prof. Dordunoo (2017-08-14)
The rise and fall of UT, Capital Bank (2017-08-14)
Rapper Edem speaks against UT Bank and Capital Bank takeover (2017-08-14)
BoG withdraws license of UT, Capital Bank; appoints GCB to take over institutions (2017-08-14)
GCB takeover of UT, Capital banks good move – Gastsi (2017-08-14)
Bawumia predicted collapse of UT, Capital Banks and 6 others (2017-08-14)
BoG's statement on GCB take over of UT, Capital Bank (2017-08-14)
We’re not affected by UT bank takeover – UT Life Insurance (2017-08-14)
BoG appoints GCB Bank to take over UT and Capital Bank (2017-08-14)
Adabraka UT Bank customers threaten to close their accounts (2017-08-14)
'Cronyism, square pegs in round holes' responsible for Capital Bank collapse? (2017-08-14)
Flashback: Ghana’s 'lactogen banks' or why all that glitters is not gold (2017-08-14)
UT, Capital Bank collapse; GCB to the rescue (2017-08-14)
Stock Exchange suspends UT Bank (2017-08-14)
UT, Capital Bank staff agitated over takeover by GCB (2017-08-14)
Ghana Stock Exchange suspends listing status of UT Bank (2017-08-14)
GCB Bank takes over distressed UT and Capital banks (2017-08-14)
Don’t panic over takeover – UT, Capital banks’ customers urged (2017-08-14)
FLASHBACK: 8 banks on the verge of collapse – Bawumia (2017-08-14)
Securities and Exchange Commission de-lists UT bank (2017-08-14)
GCB rebrands UT head office (2017-08-14)
GCB rebrands UT head office (2017-08-14)
UT Bank customers rush to secure assets after GCB takeover (2017-08-14)
BoG urges calm as UT, Capital Banks branches sealed off (2017-08-14)
GCB rebrands UT bank branches (2017-08-14)
Seven more banks deemed distressed (2017-08-14)
GCB wipes off UT bank logo at branches (2017-08-14)
There’ll be layoffs – BoG official on UT, Capital banks takeover (2017-08-14)
BoG to sanction officials behind UT, Capital Bank collapse (2017-08-14)
BoG to sanction officials behind UT, Capital Bank collapse (2017-08-14)
What you need to know about GCB’s acquisition of UT Bank/Capital Bank (2017-08-14)
Customers of UT and Capital Banks stranded; express frustrations (2017-08-14)
UT, Capital Banks were on life support for 2years - BoG (2017-08-14)
Claims of more banks collapsing unfounded – BoG (2017-08-14)
No bank faces UT, Capital banks fate - BoG rules out further collapse (2017-08-14)
Mass withdrawals hit UT, Capital banks (2017-08-14)
Ghana’s 'lactogen banks' or why all that glitters is not gold (2009-04-05)

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