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should not exceed 300 words. (3marks)
ii.
You are required to provide an independent assessment of the potential impact of the Coronavirus
on three types of financial institutions in Ghana, Universal Banks, Insurance and Pensions
Companies, and Finance Companies. Your assessment should first simply classify the exposure of
the three types of financial institutions (Universal Banks, Insurance and Pensions Companies, and
Finance Companies) in Ghana to five different types of risks, liquidity risk, credit risk, interest rate
risk, market risk and exchange rate risk as "Low", "Moderate" or "High". For each of the three
financial institutions (Universal Banks, Insurance and Pension Funds, and Finance Companies) you
are to fill out the table below. (Three tables are required. One for the assessment of each institution).
Universal Banks
1. Liquidity Risk
2. Credit Risk
3. Interest Rate Risk
4. Interest Rate Risk
5. Exchange Rate Risk
Insurance and Pensions Funds
1. Liquidity Risk
2. Credit Risk
3. Interest Rate Risk
4. Interest Rate Risk
5. Exchange Rate Risk
Low
Moderate
High
Low
Moderate
High
Finance Companies
Low
Moderate
High
1. Liquidity Risk
2. Credit Risk
3. Interest Rate Risk
4. Interest Rate Risk
5. Exchange Rate Risk
(Smarks)
For every institutional assessment you provided in (ii) you are to give reasons for the assessment.
Each reason or explanation should not exceed 400 words. (12marks)