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  • Archive by tag BoG Governor Justifies conversion of Bonds to Cash to Pay Defunct MFIs and S&Ls Customers"

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

BOG | Matilda Akakpo | September 30, 2020 | Comment off

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 cash, to fully settle claims of depositors of defunct Microfinance companies, Savings and Loans firms and Finance Houses, instead of sticking to the original plan to pay that amount using […]

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