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December 14, 2017 14:26 UTC

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Barclays Bank, OMFIF launch Africa Financial Markets Index

Business News of Thursday, 14 December 2017Source: www.ghanaweb.comBarclays Bank, OMFIF launch Africa Financial Markets Indexplay videoPatience Akyianu, Managing Director of Barclays Bank GhanaBarclays Bank Ghana Limited and Official Monetary and Financial Institutions Forum (OMFIF), an independent think tank for central banking and economic policy, have launched the Africa Financial Markets Index to focus on the development capacity and expertise of local investors to attract foreign capital. The financial market index seeks to assess the level of development of the financial markets in 17 countries including Ghana, which highlights how these economies can improve their capital markets to enhance investor access and ultimately grow their economies. The index ranks the maturity, openness and accessibility of 17 financial markets in Africa based on both qualitative and quantitative criteria with focus on six fundamental pillars of the financial market performance. Speaking at the launch of the event on December 13, the Managing Director of Barclays Bank Ghana, Patience Akyianu said her bank is excited to be playing a leading role in developing and expanding the financial markets in Ghana as well as providing solutions to complex financial deals for successive governments and their clients. The financial markets index will be reviewed annually and will be a medium for continuous engagement with key stakeholders.


December 14, 2017 19:18 UTC