Fidelity Bank says it is working on listing on the Ghana Stock Exchange possibly by next year or early 2013.
Shares of the bank are currently traded over the counter and not listed on the Accra bourse.
Managing Director, Edward Effah told Joy Business listing on the exchange is part of its plan to make the public aware of its bright prospects.
He said listing on the Accra bourse will also enable existing to shareholders to live as and when they choose to do so.
Shareholders of the bank yesterday passed a resolution to enable the board raise 15 million Ghana cedis through private placement to recapitalize the business as well as a 10 million dollars debt from a development finance company Proparco.
Source: Joy News/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
Teddy Osei of Osibisa fame dead
17 minutes -
Alexander Djiku hails Fenerbahce’s effort in hard-fought win over Konyaspor
49 minutes -
U-20 World Cup 2009: Black Satellites players reject payment on matured investment
54 minutes -
We reaffirm our unwavering support for government’s efforts to ensure stable, affordable electricity – IPGG
1 hour -
Baseball: Ghana’s Golden Palms retain African Youth Championship title
1 hour -
ORAL is set up to settle political goals, revoke it – Ansah-Asare
1 hour -
Hamas has accepted a draft agreement for a Gaza ceasefire and the release of hostages, officials say
1 hour -
Joy Prime’s Changes Wedding Gown giveaway: Rose Abaya rocks gifted gown from Peace Bridals
1 hour -
This economy has to deliver jobs for Ghanaians – Dr Theo Acheampong
1 hour -
I went to Shatta Wale for advice during my campaign – A Plus
1 hour -
Mahama embarks on peace mission to Bawku and Nalerigu
1 hour -
Karela United closes in on Nurudeen Amadu as new head coach
2 hours -
Kotoko’s Amoah ruled out for 2 months with ankle injury
2 hours -
Akufo-Addo’s government showed no interest in investigating election-related deaths – Peter Toobu
2 hours -
ORAL is corruption CCTV – Ablakwa
2 hours