By Jibril Abdul Mumuni Accra, June 6, GNA – The Bank of Ghana is finalising comprehensive digital lending guidelines, expected to be issued by August 2025, to prevent the exploitation of the ...

The Bank of Ghana (BoG) has cautioned the public to be wary of transacting business with some lending entities in the country. Ghana: BoG Warns Public Against 97 Money-Lending Entities - allAfrica.com ...

Behind the narrative of a largely informal economy that contributes to 80 per cent of Ghana’s workforce are realities of self-motivated, industrious Ghanaians who brave the odds to keep body and soul ...

FIDO Money Lending Limited (FIDO), an innovative digital-first financial institution based in Accra, Ghana, received funding to the amount of 500,000 Euro from the German development finance ...

The Bank of Ghana 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 ...

The Money Lenders Association of Ghana has changed its name to Micro-Credit Association, Ghana (MCAG) with approval from the Bank of Ghana (BoG), to enable it reposition the industry and serve its ...

Consolidated Bank Ghana Ltd. has paid out half of the deposits it held on behalf of money managers since being formed from the merger of seven failed lenders last year, removing uncertainty over ...

The microfinance subsector, meanwhile, comprises 484 licensed microfinance companies, 70 money lending companies and 12 financial non-governmental organisations, including both deposit-taking and ...

Business News of Friday, 4 August 2023. Source: www.ghanaweb.com 2023-08-04 We are no longer lending money to government - Bank of Ghana ...

Ghana's cocoa regulator Cocobod will not raise a syndicated loan for its 2024/25 cocoa season for the first time in over three decades, Chief Executive Joseph Boahen Aidoo said on Tuesday.