Ghana: Cal Bank to Raise U.S.$120 Million for Its Operations

9 November 2018

Cal Bank, a leading universal bank in the country, is in discussion with some international development finance institutions (DFIs) to raise $120 million to finance the operations of the bank.

"The first tranche of the loan would be concluded before the end of the year," Philip Owiredu, Executive Director of the bank, has said.

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