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BoG flags 19 entities for unauthorised lending

Bank of Ghana losses GHS 10.4bn in 2023 financial year  reserves remain strong despite donor support delays

SOURCE: GNA The Bank of Ghana (BoG) has flagged 19 illegal money lending institutions and advised the public to desist from doing business with them. This followed an observation that a number of unlicensed entities are engaged in the provision of loans to the Ghanaian public, in contravention of the Banks and Specialised Deposit-Taking Institutions […]