{"id":345890,"date":"2017-08-18T08:16:11","date_gmt":"2017-08-18T08:16:11","guid":{"rendered":"http:\/\/citifmonline.com\/?p=345890"},"modified":"2017-11-10T10:42:37","modified_gmt":"2017-11-10T10:42:37","slug":"what-to-know-about-ut-banks-collapse-audio","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/08\/what-to-know-about-ut-banks-collapse-audio\/","title":{"rendered":"What to know about UT Bank’s collapse (Audio)"},"content":{"rendered":"

The Bank of Ghana on Monday, August 14, 2017 granted permission to GCB Bank to takeover some assets and liabilities of UT Bank.<\/p>\n

The Central bank explained that the move has become apparent due to efforts to consolidate the country\u2019s financial sector.<\/p>\n

But what reasons led to the collapse of the indigenous bank?<\/p>\n

The audio below chronicles the event leading to the collapse of UT Bank.<\/strong><\/p>\n