Global·NewlyNewsGH

UK banking expert says banks are too profitable; proposes ‘bank tax’, others

GH · · MyJoyOnline Ghana

A banking expert, Dr Sajid M Chaudhry of Aston University, UK, is proposing another tax for banks called ‘bank tax’, saying banks operating in Ghana are too profitable, earning much higher profits compared to other industries, with most of the profits coming from investment in treasury securities. According to him, a bank levy is particularly […]