Poland picks a popular private path
Investec’s 60-fold leap in value
Ghana’s third-largest bank by assets and deposits, Social Security Bank (SSB), is the most serious local competitor to Standard Chartered and Barclays. It operates 39 branches and boasts an aggressive marketing strategy.
Its search for a foreign strategic partner was successfully concluded in February 1997, when a consortium of emerging-market investment funds, led by London-based Blakeney Management, acquired a 52% stake in the bank.
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