As at close of today, February 27, 2020, a total of 8,884 customers of the collapsed savings and loans (MS&Ls), Micro Finance Institutions (MFIs) and Micro-credit Institutions have been paid their monies, Consolidated Bank of Ghana has announced. For Savings and Loans, 449 social organisations, 418 companies and 152 rural banks and finance houses have […]
The Receiver for 347 Micro Finance companies as well as 23 Savings and Loans and Finance House companies whose licenses were revoked on 31 May 2019 and 16 August 2019 respectively, has issued a notice to depositors and the general public on full payments of locked-up funds. Speaking in an interview on 26th February 2020, […]
Some 6,446 individual customers of the collapsed savings and loans, micro finance and micro credit institutions have been paid, three days after the Receiver began paying depositors their locked-up funds. For S&Ls, 449 social organizations, 418 companies and 152 rural banks and finance houses have been paid. 132 social organizations, 22 rural banks and finance […]