Governor of the central bank, Dr Ernest Addison, has disclosed that the Receivers of collapsed banks and financial institutions have so far recovered GH¢1.4 billion cedis representing only 8 percent in assets of depositors locked up funds.
Accordingly, the Receiver wishes to inform the general public that there will be a Public Auction of the first batch of used Motor Vehicles and Motor Bikes of these resolved companies. Details of the Public Auction are as follows:
Relocation of the Validation Teams of the Receiver: The Receiver of the 347 Microfinance Companies and the 23 Savings & Loans and Finance Houses Companies whose licences were revoked by the Bank of Ghana on 31 May 2019 and 16 August 2019 respectively
Welcome, Ladies and Gentlemen of the Media to the 91st and last MPC press briefing for the year.
The first Deputy Governor of Bank of Ghana, Dr. Maxwell Opoku-Afari has assured the public that the Ministry of Finance, Bank of Ghana and the Receiver have reached an understanding to find a way to unlock funds belonging to Rural Community Banks (RCB) deposited with MFIs. According to him, discussions on modalities are ongoing and once finalized, it would be announced very soon.
Notice is hereby given that depositors who have not yet submitted their claim forms should do so on or before Friday 27th September 2019 for validation. After this date, the Receiver will conclude that there are no more outstanding claim forms to be submitted.
Notice is hereby given that depositors who have not yet submitted their claim forms should do so on or before Friday 27th September 2019 for validation. After this date, the Receiver will conclude that there are no more outstanding claim forms to be submitted.
The Receiver wishes to inform the general public that effective Friday, 11 October 2019, the branches of the following affected MFCs set out below will remain open to serve the customers of these institutions as well as the customers of other MFCs whose licenses have been revoked.