Bank Failure In Ghana: What Accounted For The Collapse Of Unibank?

ABSTRACT The continued and sustained growth of any economy is dependent on a strong and robust financial sector. The Bank of Ghana in a bid to reform and ensure stability of the sector, withdrew the licenses of nine banks in Ghana, one of which was uniBank Ghana Limited. This study aims at finding the reasons why uniBank failed from the perspective of former staff. The study gathered qualitative data through interviews and quantitative data from annual reports of the bank. The study found over ambitious expansion drive, investment in none core banking actives such as media, financial misreport…