Governor of the Bank of Ghana, Dr. Ernest Addison
The Governor of the Bank of Ghana, Dr Ernest Addison has refuted suggestions that the collapse of both UT Bank and Capital Bank was a deliberate witch-hunt by the BoG.
The founder of UT Group, Prince Kofi Amoabeng has been put before an Accra circuit court for his role in the collapse of his Bank in 2017. He is facing charges of stealing and money laundering.
The founder of UT Group, Prince Kofi Amoabeng has been put before an Accra circuit court for his role in the collapse of his Bank in 2017. He is facing charges of stealing and money laundering.
The founder of UT Group, Prince Kofi Amoabeng has been put before an Accra circuit court for his role in the collapse of his Bank in 2017. He is facing charges of stealing and money laundering.
Press Release on 347 Micro Finance Companies (“MFCs”) whose licences were revoked on 31 May 2019 by Bank of Ghana Upward Review of Payments to Depositors whose claims have been validated Accra 8th November 2019. Following the revocation of the licences of the 347 Micro Finance Companies (“MFCs”), the Receiver among other things announced a […]
The Receiver wishes to inform the general public that effective Friday, 11 October 2019, the branches of the following affected MFCs set out below will remain open to serve the customers of these institutions as well as the customers of other MFCs whose licenses have been revoked.
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Notice is hereby served on all Debtors of the affected MFCs to make arrangements to settle the full amounts of their overdue indebtedness to the respective MFCs as soon as possible, failing which the Receiver shall consider all his options including legal action against Debtors to recover the outstanding loan facilities granted them without recourse to them.