COLLAPSED SAVINGS & LOANS AND MICROFINANCE COMPANIES: PROCESSES TO PAY CUSTOMERS BEGIN

Customers of collapsed saving and loans, as well as microfinance, institutions, also known as specialised deposit-taking institutions (SDIs), can now heave a sigh of relief following the initiation of a process to pay the full amounts of their deposits to them. The receiver and Official Liquidator of the defunct SDIs started the process yesterday, after […]