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GHANA WEATHER

BoG allays fears of customers of 23 closed savings and loans entities

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The Bank of Ghana (BoG), has given the assurance that customers of the 23 Finance Homes and Savings and Loans Companies shut down, will not lose their respective investments.

The Central Bank says it has provided funds to ensure, that the Receiver of the financial entities, whose licenses have been revoked, will pay the affected customers.

The BoG however indicated, that the Receiver for affected financial institutions, Eric Nipah will in due course announce when and where the payments to the depositors will be made, after their claims are validated.

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