Recapitalisation in a sentence

Another economist, Leo Ukpong, said bank recapitalisation meant raising the capital base through more borrowing or the issue of new equity of banks.

The government is drafting a scheme to boost investment activity with the purchase of privately-owned companies, the recapitalisation of existing capacities and the establishment of new businesses, Nagy said.

He explained that plans for cost-reflective energy pricing will accompany recapitalisation, enhancing the power sector's viability and liquidity.

Nigerian banks’ valuations remain attractive and that should help the recapitalisation process,” Bolarinwa stated.

The development was part of Providus Bank’s expansion plan, and importantly a bold initiative to further shore up its capital base amid the current recapitalisation challenge.

The President Bola Tinubu administration is counting heavily on the banking sector for the ambitious plan to drive a $1trn economy, with an ongoing recapitalisation underscoring the imperative for banks to fortify their financial positions.

But, extending the moratorium ad infinitum will hide the real magnitude of stress on banks’ balance-sheets, and may even delay recapitalisation of banks, which could have made money available in the hands of businesses.

Recapitalisation bonds enter the fiscal deficit in the year of their maturity and it is because of this that the bonds were issued without any fixed maturity in the past instances, it said.

Some of the executives who attended the meeting disclosed that they made a request for the recapitalisation exercise process to be concluded in December 2021, while the interim milestone assessment scheduled for December 2020 be stepped down.

Some of the executives, who attended the meeting, disclosed that they made a request for the recapitalisation exercise process to be concluded in December 2021, while the interim milestone assessment scheduled for December be stepped down.

The insurance industry post-recapitalisation is expected to be robust and capable of taking big risks, as well as contribute meaningfully to the nation’s Gross Domestic Product.

The revocation of the licences according to the Central Bank became necessary because they were insolvent even after they had been given a reasonable period for recapitalisation.

Also, firms that have decided to adopt mergers and acquisition strategy were directed to perfect such deals 60 days to the recapitalisation deadline.

On the time frame for the recapitalisation, the Commissioner said companies that have been operating for more than four years, will be given 18 months to meet the new capital requirement.

On the update of the recapitalisation exercise, Dr Addison said 23 Banks had met the minimum capital requirement of ¢400 million.

According to an exit report from the former board chairperson Chipo Dyanda on the state of Air Zimbabwe, morale was low among staff while government dilly-dallied with a legacy debt and recapitalisation plan.

As part of its turnaround strategy the mine is disposing its assets to raise $196 million for recapitalisation to pave way for resumption of full throttle operations.

In 2017, she executed 17 leveraged buyout, recapitalisation and acquisition financing deals for corporate and private equity clients.

In an endeavour to establish quality service delivery in Nigerian banks, a former Central Bank Governor, Professor Charles Chukwuma Soludo, launched a most far-reaching and comprehensive recapitalisation and consolidation of the banking sector.

The $400 million recapitalisation project involves the rehabilitation and renewal of plant, equipment, rolling stock, signaling and telecommunications infrastructure and the supporting information technology systems.