QUESTION 1 A multi-faceted financial system which includes non-bank financial institutions (NBFIS), can protect economies from...
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QUESTION 1 A multi-faceted financial system which includes non-bank financial institutions (NBFIS), can protect economies from financial shocks and recover from those shocks. Discuss the significance of the Non- Bank Financial Institutions Act, 2008 (Act 774) in the context of this statement. QUESTION 2 ARB-Apex Bank is a mini Central Bank. Discuss. QUESTION 3 One of the most dominant services provided by banks is the granting of loans and other advances. Expantiate on the rights and obligations of both the lender and borrower under the Borrowers and Lenders Act, 2008 (Act 773). QUESTION 4 "The recent bank failures are clear indications that regulatory restrictions on banks are needless." Comment on this statement in relation to the objectives and areas of restriction on banking activities. QUESTION 5 Agroyede Microfinance Company Limited (AMCL) is a licensed financial institution which is struggling to pay its customers, in the light of the recent clean up in the financial sector. There is growing anxiety that the Bank of Ghana may revoke the license of the company. The directors have approached you to advise them on the possible grounds and procedures that Bank of Ghana may use if it decides to revoke the license and whether or not there would be any remedies available. Advise them. QUESTION 1 A multi-faceted financial system which includes non-bank financial institutions (NBFIS), can protect economies from financial shocks and recover from those shocks. Discuss the significance of the Non- Bank Financial Institutions Act, 2008 (Act 774) in the context of this statement. QUESTION 2 ARB-Apex Bank is a mini Central Bank. Discuss. QUESTION 3 One of the most dominant services provided by banks is the granting of loans and other advances. Expantiate on the rights and obligations of both the lender and borrower under the Borrowers and Lenders Act, 2008 (Act 773). QUESTION 4 "The recent bank failures are clear indications that regulatory restrictions on banks are needless." Comment on this statement in relation to the objectives and areas of restriction on banking activities. QUESTION 5 Agroyede Microfinance Company Limited (AMCL) is a licensed financial institution which is struggling to pay its customers, in the light of the recent clean up in the financial sector. There is growing anxiety that the Bank of Ghana may revoke the license of the company. The directors have approached you to advise them on the possible grounds and procedures that Bank of Ghana may use if it decides to revoke the license and whether or not there would be any remedies available. Advise them.
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QUESTION 1 The significance of Non Bank Finanacial Institutions NBFIs are as follows Brokers of Loanable Funds NBFIs play an important role as brokers of loanable funds They act as intermediaries betw... View the full answer
Related Book For
Constitutional Law Governmental Powers and Individual Freedoms
ISBN: 978-0135109502
2nd edition
Authors: Daniel Hall, John Feldmeier
Posted Date:
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