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The shareholders of uniBank have declared themselves ready to inject more capital into the bank which, according to the Bank of Ghana (BoG), is on the point to collapse. 19659003] uniBank is currently headed by a private audit firm, KPMG Ghana following a directive from the Bank of Ghana four months ago.
It was after the BoG announced that it took over the insolvent bank
Several months later, the uniBank stakeholders sent a letter to the official administrator, KPMG, and signed by Dr. Kwabena Duffour on behalf of the bank. "We are also ready to advance discussions on the appropriate structure to manage and operate the badets of the registered bank with the name of the bank's holder., Duffuor House Active (HODA)," the letter signed added.
KPMG, who was appointed as the official administrator by the Bank of Ghana (BoG) put the total deficit of uniBank at 4.9 billion GHG.
KPMG in a letter he wrote to the shareholders of uniBank gave them three options, including recapitalization.
Stakeholders in their response stated that they are more than willing to recapitalize uniBank.
"We attach proof of the first tranche of two hundred million dollars (US $ 200.0 million) to be received in July 2018. The shareholders remain committed to inject a new tranche of one billion cedis Ghana ( 1.0 billion GHc) by the end of September 2018. The proof will be provided when the time comes "
The bank also said Belstar Consortium also badured to" unload all his shares in adb bank and invest the product in uniBank. "
What the shareholders say would bring additional funds of about GHc70 0 million
The statement also said that HODA's properties still own the badets from uniBank "we are of the opinion that these badets as well as the badets of the shareholder totaling 4.4 million GHG will be stored in a trust, which will be owned by the bank and used"
"In view of the above, the stakeholders have committed to provide funds amounting to 2.7 billion GHG and GHc7 amount of badets of 4.4 billion GHG. 1 billion far above the gap of 4.9 billion GHc indicated in your letter dated 31 May 2018. Shareholders commit these funds and badets to make sure that this will translate by a well capitalized, liquid and solvent bank "
Shareholders also stated that they also intended to hire a leading international bank as a strategic partner.
"It is expected that this strategic partner will play a major role in the future management of the bank following the successful approval of the Bank of Ghana." The shareholders are keen to work with the Bank. official administrator (OA) by providing the necessary funding and support to protect the interest of depositors and ensure the future prosperity of the bank, "the statement added.
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