The Bank of Ghana, as part of the reforms of the financial sector, commenced a process of Receivership for banking, savings and loans, and micro finance institutions. Liquidity challenges, coupled with other operational contraventions of these institutions, resulted in the suspension of their operations by the Central Bank, the industry’s regulator.
The Director of Communications of the Bank of Ghana (BoG) has clarified that the BoG worked closely with GN Bank
A Human Rights Court in Accra has dismissed the application filed by Dr Papa Kwesi Nduom, GN Savings and Loans,
The Accra High Court has imposed a 15-year jail term on the founder of defunct Capital Bank, William Ato Essien,
Convicted William Ato Essien, the founder of the defunct Capital Bank has been given at least up to July 27