{"id":407800,"date":"2017-08-01T12:45:00","date_gmt":"2017-08-01T12:45:00","guid":{"rendered":"https:\/\/ghana-mma.com\/2017\/08\/01\/umb-expresses-optimism-in-meeting-new-capital-requirement\/"},"modified":"2017-08-01T12:45:00","modified_gmt":"2017-08-01T12:45:00","slug":"umb-expresses-optimism-in-meeting-new-capital-requirement","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2017\/08\/01\/umb-expresses-optimism-in-meeting-new-capital-requirement\/","title":{"rendered":"UMB expresses optimism in meeting new capital requirement"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The Universal Merchant Bank is confident it can reach whatever new capital the central bank will be introducing.\u00a0<\/p>\n<p>This comes as the Central Bank prepares to announce a new minimum capital for banks in order to strengthen the banking\u00a0 sector.<\/p>\n<p>Speaking to JOY BUSINESS at banks 45th anniversary celebrations, the CEO of the bank John Awuah said, \u201cwe are happy to meet whatever capital requirement that will be thrown at as. As for meeting the new one, we are almost there although we don\u2019t know the new amount that is coming out.<\/p>\n<p><!-- \/1002554\/Myjoyonline.com_InArticle_300x250 --><\/p>\n<p>He said, \u201cWe are currently in far excess of the current regulatory capital and whatever comes out; we will have to top up just a little\u201d<\/p>\n<p>As to concerns of the bank merging incase there were challenges, Mr Awuah assured that the bank was in good standing but was however ready to go into talks with distressed banks to offer assistance.<\/p>\n<p>He said, \u201cThe space for merging or acquisition is a broad space that everybody is watching and we want to ensure that we don\u2019t want to combine for combining sake but whoever we bring to our fold will be a bank that is fit for purpose and will come to add to the value that we are creating.<\/p>\n<p>UMB is an indigenous Ghanaian bank and specializes in customized banking products and services.<\/p>\n<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Universal Merchant Bank is confident it can reach whatever new capital the central bank will be introducing.\u00a0 This comes as the Central Bank prepares to announce a new minimum capital for banks in order to strengthen the banking\u00a0 sector. Speaking to JOY BUSINESS at banks 45th anniversary celebrations, the CEO of the bank John [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":407801,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-407800","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UMB expresses optimism in meeting new capital requirement - 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\/2017\/08\/01\/umb-expresses-optimism-in-meeting-new-capital-requirement\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"UMB expresses optimism in meeting new capital requirement - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"The Universal Merchant Bank is confident it can reach whatever new capital the central bank will be introducing.\u00a0 This comes as the Central Bank prepares to announce a new minimum capital for banks in order to strengthen the banking\u00a0 sector. Speaking to JOY BUSINESS at banks 45th anniversary celebrations, the CEO of the bank John [&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\\\/2017\\\/08\\\/01\\\/umb-expresses-optimism-in-meeting-new-capital-requirement\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/01\\\/umb-expresses-optimism-in-meeting-new-capital-requirement\\\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"UMB expresses optimism in meeting new capital requirement\",\"datePublished\":\"2017-08-01T12:45:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/01\\\/umb-expresses-optimism-in-meeting-new-capital-requirement\\\/\"},\"wordCount\":235,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/01\\\/umb-expresses-optimism-in-meeting-new-capital-requirement\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/01\\\/umb-expresses-optimism-in-meeting-new-capital-requirement\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/01\\\/umb-expresses-optimism-in-meeting-new-capital-requirement\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/01\\\/umb-expresses-optimism-in-meeting-new-capital-requirement\\\/\",\"name\":\"UMB expresses optimism in meeting new capital requirement - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/01\\\/umb-expresses-optimism-in-meeting-new-capital-requirement\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/01\\\/umb-expresses-optimism-in-meeting-new-capital-requirement\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2017-08-01T12:45:00+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/01\\\/umb-expresses-optimism-in-meeting-new-capital-requirement\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/08\\\/01\\\/umb-expresses-optimism-in-meeting-new-capital-requirement\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/?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":"UMB expresses optimism in meeting new capital requirement - 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\/2017\/08\/01\/umb-expresses-optimism-in-meeting-new-capital-requirement\/","twitter_card":"summary_large_image","twitter_title":"UMB expresses optimism in meeting new capital requirement - Ghanamma.com","twitter_description":"The Universal Merchant Bank is confident it can reach whatever new capital the central bank will be introducing.\u00a0 This comes as the Central Bank prepares to announce a new minimum capital for banks in order to strengthen the banking\u00a0 sector. 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