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Ecobank cautious on Ghana strategy as it counts cost of proposed debt-swap

Ecobank cautious on Ghana strategy as it counts cost of proposed debt-swap

Ghana’s proposed domestic debt restructuring leaves Ecobank, the country’s largest bank by assets, cautious over its corporate finance strategy in the country.

The debt restructuring “will affect our risk-weighted assets,” the bank’s head of corporate finance Meinna Gwet tells The Africa Report. “We will have to be very cautious about our strategy in the country” in 2023.

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