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Audio message circulating on social media platforms has no bases – ARB Apex Bank

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ARB Apex Bank says there is a malicious audio message circulating on social media platforms including WhatsApp purporting that Bank of Ghana has plans to withdraw the licences of some operating Rural and Community Banks (RCBs) has no basis.

ARB Apex Bank in a statement issued and signed by its Managing Director, Kojo Mamattah, and copied to gbcghanaonline said

rather, the Bank of Ghana in a Notice dated August 16,  2019 made it clear that RCBs are key in its financial inclusion agenda and therefore will work with the ARB Apex Bank to reposition the rural and community banking sector to enable them to better support rural economic development.

The statement advises the public and the teaming customers of RCBs to ignore the malicious message and do business with the RCBs.

It further stated that the Bank of Ghana has completed the clean-up and will NOT “descend” on RCBs as is being malicio

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