The First Allied Savings and Loans Limited says the institution is nowhere near collapse and that customers should not panic.

There have been reports of some customers besieging the Upper East Branch of the financial institution to withdraw their monies which they claim have not been forth coming for three months.

The Public Relations Officer of the Institution, Jones Yeboah in an interview with Radio Ghana said Management of the institution is in a meeting to resolve the issue.

He said there are arrangements to address customers’ urgent needs such as payment of admission fees and medical bills.

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