Q: What has been the impact of new capital regulations on Ghana’s investment banks?
A: During the past two years, the investment banking sector has experienced positive growth owing to the new minimum capital requirement for banks of 400m cedis ($69m). This has led to some consolidation and better capitalised banks. According to the central bank, new deals contributed to a 16% growth in overall banking assets during 2019, most of which are investment banking transactions, primarily in the infrastructure space.