Ghana’s central bank, the Bank of Ghana (BoG), has revoked the licences of 23 insolvent savings and loans companies and finance house companies.
It has also appointed Mr. Eric Nipah as a Receiver for the specified institutions....
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The Bank of Ghana (BoG) has revoked the licenses of 347 insolvent microfinance companies as part of efforts to protect the stability of the country’s financial system, the regulator said in a statement.
According to the statement, the licences of 192 of the companies were …
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