INSOLVENT SAVINGS AND LOANS COMPANIES: GH¢6.39BN CLAIMS PAID

Out of GH¢ 6.5 billion in deposit claims validated by the receiver of the failed specialised deposit-taking institutions (SDIs), GH¢6.39 billion has been paid in …

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WE’VE PAID 99.2% OF BANKS, SAVINGS & LOANS’ CUSTOMERS – BAWUMIA

The Vice President, Dr. Mahamudu Bawumia has said that 461,339 depositors of Savings and Loans as well as microfinance firms have so far been paid …

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BOG GOVERNOR JUSTIFIES CONVERSION OF BONDS TO CASH TO PAY DEFUNCT MFIs, S&Ls’ CUSTOMERS

The Governor of the Bank of Ghana, Dr. Ernest Addison has justified the recent decision by government to release an amount of GHS3.56 billion in …

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FINANCIAL SECTOR CLEAN-UP: GHS3.56 BILLION CASH RELEASED; WHAT NEXT? | POINT OF VIEW

Interview with the Receiver and the Managing Director of Consolidated Bank Ghana to give an insight on the GHS3.56 billion released by the Government to pay all outstanding depositors funds instead of the bond payment.

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FINANCIAL SECTOR CLEAN-UP: ALL CUSTOMERS TO RECEIVE CASH PAYMENT INSTEAD OF BONDS

IN THE MATTER OF THE BANKS AND SPECIALISED DEPOSIT-TAKING INSTITUTIONS ACT,2016(ACT 930) AND IN THE MATTER OF THE RECEIVERSHIPS OF 347 MICROFINANCE COMPANIES AND THE …

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NOTICE TO THE GENERAL PUBLIC – MFCs AND S&Ls WITH NO RECORDS

IN THE MATTER OF THE BANKS AND SPECIALISED DEPOSIT-TAKING INSTITUTIONS ACT, 2016 (ACT 930) AND IN THE MATTER OF THE RECEIVERSHIPS OF THE 347 MICROFINANCE …

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ALL CUSTOMERS OF COLLAPSED BANKS PAID – BOG

The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has said the Receiver of the collapsed banks has settled all payments due depositors. …

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IT DIDN’T MAKE SENSE TO CONTINUE SUPPORTING THE COLLAPSED BANKS – BAWUMIA

Vice President Dr Mahamudu Bawumia says government had no option than to shut down some banks and financial institutions in the country. He said even …

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