BOG BOSS

We’ve Paid All Depositors Of Collapsed Banks – BoG Governor Governor of the Bank of Ghana, Dr. Ernest Addison has rejected claims that depositors who had their monies locked up with the collapsed banks have not been paid. Dr. Addison said all customers of the nine collapsed banks have been paid their locked-up funds. He was speaking at a meeting with President Nana Akufo-Addo after the latter’s working visit to the Central Bank on Tuesday, August 25, 2020. “We had the [banking sector] reform in two phases. The first phase had to do with the banking system where we revoked…

We’re Extra Vigilant On Banks – BoG Boss Assures President   The Governor of the Bank of Ghana, Dr Ernest Addison, has said the central bank is now vigilant on banks to ensure that they operate within the framework of the laws governing the sector to avoid what led to the clean-up exercise which led to the collapse of some nine domestic banks. Dr Addison told President Nan Addo Dankwa Akufo-Addo on Tuesday, August 25 when the latter paid a working visit to them. He said the clean-up has resulted in a stable financial sector with fewer banks and Specialized…