We have funds locked up with erstwhile financial institutions - AFH

We have funds locked up with erstwhile financial institutions - AFH
Source: Ghana | JoyBusiness | JAD
Date: 23-08-2019 Time: 02:08:07:pm

The Association of Finance Houses (AFH) has said some of its members still have funds locked up with the erstwhile financial institutions and are engaging the Receiver to retrieve same.

“However, the process of claim validation and effecting payments by the Receiver will take some time to complete. We, therefore, appeal to all clients to exercise restraint as we work with the receiver to meet your requests,” a statement signed by Executive Secretary of the Association of Finance Houses Kokui A. Adu said.

“The Association stands ready to ensure that its members continue to operate within the dictates of the law by meeting the requirements of the Bank of Ghana, adopting best practices in corporate governance and treating depositors with care and respect.”

The Association said it is happy that its members have been able to withstand the rigorous Bank of Ghana inspections.

“The Bank of Ghana by its approach has demonstrated resolve and with the rollout of the Deposit Protection Scheme, will further assure the safety of customer deposits,” the statement added.

Full list of Finance Houses in good standing

Following the recent announcements by the Bank of Ghana, the companies below have been certified by the Bank of Ghana and are also in good standing with the Association of Finance Houses.
1.     AFB GHANA LIMITED
2.     BLUE FINANCIAL SERVICES GHANA LIMITED
3.     CHRISLINE FINANCIAL SERVICES LIMITED
4.     DALEX FINANCE LIMITED
5.     DARFIN FINANCE COMPANY LTD
6.     FORMS CAPITAL LIMITED
7.     JISLAH FINCIAL SERVICES LIMITED
8.     NDK FINANCIAL SERVICES LIMITED
9.     OAK FINANCIAL SERVICE LIMITED
10.  PROFIN GHANA LIMITED
11.  SDC FINANCE LIMITED
12.  TF FINANCIAL SERVICES