Audio By Carbonatix
The receiver of the collapsed Specialised Deposit-taking Institutions, Eric Nana Nipah has announced that branches of some of the affected companies are opened for receivership business.
According to a release on Monday, the Receivership of the 23 Savings & Loans and Finance House Companies, announced branches of companies under receivership that would stay open to service customers of all Savings & Loans and Finance Houses whose licenses have been revoked.
The receiver explained in an earlier interview that some branches of companies under his receivership, have been close to effectively cut down the operational cost, as his greatest concern and sympathy lay with customers who have lost their deposits.
"Stakeholders are advised to visit operating branches nearest to the S&L branches which the Receiver has shut down, for loan repayment and any other enquiries relating to the receivership of their affected S&Ls," the release stated.
In August 2019, the licences of 23 S&Ls were revoked as part of BoG’s drive to strengthen the financial services sector by getting rid of insolvent and dormant institutions which had no reasonable prospects of recovery and had denied depositors access to their deposits.
Full statement below:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Ghana’s problems solvable but not with square pegs in round holes
1 hour -
Gospel veteran Dr. Collins Nyantachie returns with soothing album ‘Obe Tumi Ay3’
2 hours -
Sissala West MP launches maiden teacher awards and scholarship scheme
2 hours -
Paramount chief appeals to gov’t to build new regional hospital in Jirapa
3 hours -
Jirapa MP donates bedsheets to St. Joseph Catholic Hospital amidst appeals to upgrade 70-year-old facility
3 hours -
Tamale Central MP: Better schooling key to bridging north-south divide
3 hours -
“An Incredible Ghanaian Enterprise”: Asantehene hails KGL Group at coronation ball
4 hours -
Mahama pledges 40 additional armoured vehicles to bolster police operations
4 hours -
One dead as gunmen attack passenger bus in bloody Walewale-Nasia highway ambush
5 hours -
[Video] Bawumia and Asiedu Nketia unite at SDA anniversary in Sunyani
5 hours -
IGP sounds alarm over police-to-citizen ratio as Lower Manya Krobo gets new HQ
6 hours -
Bringing back ‘By The Fireside’: Ohio University’s Emmanuel Mensah calls for digital entertainment education revival
6 hours -
Chief of Staff announces Presidential Delivery Unit to track government commitments
7 hours -
Barcelona move to within two points of La Liga title with Osasuna win
7 hours -
World Relays: We can’t afford to miss out again” — Amenakpor rallies Ghana after relay setback
7 hours