First Capital Plus Bank
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First Capital Plus Bank
Capital Bank (previously First Capital Plus Bank) was an indigenous private national development and commercial Ghanaian bank. It was one of the private national development and commercial banks licensed by Bank of Ghana, the national banking regulator. On August 14, 2017, the Bank of Ghana announced it had revoked its license due to insolvency during Ghana's banking crisis. The bank was then taken over by GCB Bank. The founder of the bank, William Ato Essien and three others were subsequently charged with misappropriating 100 million Ghana Cedis of the Bank's assets. History Capital Bank was founded by William Ato Essien on 29 October 2009 as a microfinance company. As the assets of the company grew, it became a Savings and Loans Company known as First Capital Plus Saving and Loans Company. In 2010 the microfinance grew its deposit base to 36.06 million cedis and total asset size of 47.18 million cedis. In 2013 First Capital Plus Bank had a deposit base of 211.11 million ce ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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National Development Bank
A national development bank is a development bank created by a country's government that provides financing for the purposes of economic development of the country. List of development banks Americas * Business Development Bank of Canada * Brazilian Development Bank (BNDES) * Banco de Desarrollo de El Salvador (BANDESAL), El Salvador * Corporación Financiera de Desarrollo (Cofide), Peru * Financiera de Desarrollo Territorial (FINDETER), Colombia * Puerto Rico Government Development Bank * Development Bank of Jamaica, Jamaica *Reconstruction Finance Corporation Europe * Development Bank of Austria * British Business Bank * Bank Gospodarstwa Krajowego (BGK) of Poland * Black Sea Trade and Development Bank * Banque publique d'investissement, Bpifrance * Bulgarian Development Bank * Caisse des Dépôts et Consignations * Cassa Depositi e Prestiti * Croatian Bank for Reconstruction and Development * Eurasian Development Bank *European Investment Bank * Hellenic Industrial Developme ...
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