{"id":272662,"date":"2011-01-03T11:27:30","date_gmt":"2011-01-03T11:27:30","guid":{"rendered":"http:\/\/www.ghanamma.net\/?p=44435"},"modified":"2011-01-03T11:27:30","modified_gmt":"2011-01-03T11:27:30","slug":"bank-of-africa-set-to-acquire-interest-in-amal-bank","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/01\/03\/bank-of-africa-set-to-acquire-interest-in-amal-bank\/","title":{"rendered":"Bank of Africa set to acquire interest in Amal Bank"},"content":{"rendered":"<p>Mali based Bank of Africa Group is set to take controlling interest in Amalbank.<br \/>\nJoy  Business has gathered the bank is to acquire a 60 percent stake and is  coming in as a strategic investor to help it meet the new minimum  capital requirement by the Bank of Ghana.<br \/>\nThe proposed marriage  is however yet to get the blessing of the Bank of Ghana as the Central  Bank is currently carrying out the necessary due diligence.<br \/>\nBank  of Africa currently operates in 9 countries in Africa and a  representative office in Paris and had a total asset base of a little  over 2.5 billion Euros at the end of 2009.<br \/>\nIt also has three leasing companies, two investment companies and one brokerage firm.<br \/>\nJoy  Business has learnt there will be more acquisitions and mergers in the  banking industry as some of the foreign and local banks strategize to  meet the capital requirement by the Bank of Ghana.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mali based Bank of Africa Group is set to take controlling interest in Amalbank. Joy Business has gathered the bank is to acquire a 60 percent stake and is coming in as a strategic investor to help it meet the new minimum capital requirement by the Bank of Ghana. The proposed marriage is however yet [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-272662","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bank of Africa set to acquire interest in Amal Bank - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/01\/03\/bank-of-africa-set-to-acquire-interest-in-amal-bank\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Bank of Africa set to acquire interest in Amal Bank - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Mali based Bank of Africa Group is set to take controlling interest in Amalbank. Joy Business has gathered the bank is to acquire a 60 percent stake and is coming in as a strategic investor to help it meet the new minimum capital requirement by the Bank of Ghana. The proposed marriage is however yet [&hellip;]\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/01\/03\/bank-of-africa-set-to-acquire-interest-in-amal-bank\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/01\/03\/bank-of-africa-set-to-acquire-interest-in-amal-bank\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Bank of Africa set to acquire interest in Amal Bank\",\"datePublished\":\"2011-01-03T11:27:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/01\/03\/bank-of-africa-set-to-acquire-interest-in-amal-bank\/\"},\"wordCount\":163,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/01\/03\/bank-of-africa-set-to-acquire-interest-in-amal-bank\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/01\/03\/bank-of-africa-set-to-acquire-interest-in-amal-bank\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/01\/03\/bank-of-africa-set-to-acquire-interest-in-amal-bank\/\",\"name\":\"Bank of Africa set to acquire interest in Amal Bank - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"datePublished\":\"2011-01-03T11:27:30+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/01\/03\/bank-of-africa-set-to-acquire-interest-in-amal-bank\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bank of Africa set to acquire interest in Amal Bank - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/01\/03\/bank-of-africa-set-to-acquire-interest-in-amal-bank\/","twitter_card":"summary_large_image","twitter_title":"Bank of Africa set to acquire interest in Amal Bank - Ghanamma.com","twitter_description":"Mali based Bank of Africa Group is set to take controlling interest in Amalbank. Joy Business has gathered the bank is to acquire a 60 percent stake and is coming in as a strategic investor to help it meet the new minimum capital requirement by the Bank of Ghana. 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