Shareholders of Access Bank Ghana, one of the leading retail banks in Ghana, have approved a capital raising exercise worth GHs 450 million at an Extraordinary General Meeting (EGM) held on Tuesday December 12, 2017 at the Coconut Grove Regency Hotel in Accra.
The additional capital to be raised by the Bank will be implemented through the combination of a bond programme and rights issue, which are expected to deliver GHs 150 million and GHs300million respectively. The issued bonds will subsequently be listed on the Ghana Fixed Income Market (GFIM) on the Ghana Stock Exchange.