UT was riskiest bank on Stock Exchange?

A study has shown that UT Bank which was recently taken over by the Ghana Commercial Bank was the riskiest in the Stock Exchange.


UT Bank was found to be the most at-risk bank in Ghana listed on the stock exchange, before its collapse, in a 2016 study by Eric Dei Ofosu-Hene of the University of Ghana Business School and Peter Amoh of FinRisk Solutions.
The research (which can be found here) indicated that indigenous banks were more at risk than foreign owned banks, possibly, because the foreign banks adhered to stricter standards.

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