GH¢21 BILLION SPENT TO CLEAN UP THE FINANCIAL SECTOR – DR BAWUMIA
Vice-President Dr. Mahamudu Bawumia says the government has spent GH¢21billion to clean up the financial sector. He said 99 percent of depositors of the affected …
COLLAPSED S&L FIRMS: GH¢2.3 BILLION OUT OF GH¢12 BILLION IN ASSETS RECOVERED – BOG
Governor of the Bank of Ghana (BoG) has revealed an amount of GH¢2.3 billion out of GH¢12 billion in assets have been recovered by the …
UT BANK COLLAPSE: EOCO TAKES OVER KOFI AMOABENG’S MANSION
The Economic and Organised Crime Office (EOCO) has taken over a plush house of embattled former Managing Director of defunct UT Bank, Mr. Prince Kofi …
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 …
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 …
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 …
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.
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 …