In 2018/2019 the banking sector in Ghana went through a financial crisis. The intensity of the crisis compelled the Bank of Ghana to come out with a bail out strategy to salvage the situation. Critically examine the causes and effects of the financial crisis that hit the banking sector, stating specifically the financial institutions that were involved and what has been done so far to control the crisis in the banking sector of Ghana. What recommendations would you give to prevent future occurrence of such a crisis?
