• Latest
  • Trending
Breaking News: Bank of Ghana revokes license of GN Savings and Loans, other  22 insolvent savings and loans companies

Breaking News: Bank of Ghana revokes license of GN Savings and Loans, other 22 insolvent savings and loans companies

August 16, 2019
Happy FM Salah Food Fest Inter-Zongo Cooking Competition draws to a close with Nima Zongo victory

Happy FM Salah Food Fest 2025 – Picture Story

July 1, 2025
National Day of Prayer and Thanksgiving: Gomoa East DCE calls for unity among religious groups to drive development

National Day of Prayer and Thanksgiving: Gomoa East DCE calls for unity among religious groups to drive development

July 1, 2025
President Mahama Urges Just and God-Fearing Leadership at National Prayer Day

President Mahama urges just and God-Fearing leadership at National Prayer Day

July 1, 2025
Bono regional prayer service: leaders urge attitudinal change to drive national reset agenda

Bono regional prayer service: Leaders urge attitudinal change to drive national reset agenda

July 1, 2025
PNP Petitions Asantehene’s Office over Chief Justice’s Suspension

PNP Petitions Asantehene’s office over Chief Justice’s suspension

July 1, 2025
We are certain to receive contracts to supply foods to students- Food Suppliers Association

We are certain to receive contracts to supply foods to students- Food Suppliers Association

July 1, 2025
May God heal our land from corruption activities- Dr. Amoakohene

May God heal our land from corruption activities – Dr. Amoakohene

July 1, 2025
Ashanti Regional Minister Calls for Divine Intervention against Corruption

Ashanti Regional Minister calls for divine intervention against corruption

July 1, 2025
”I will not be silenced”- Prof. Gyampo fires back at social media allegations

”I will not be silenced”- Prof. Gyampo fires back at social media allegations

July 1, 2025
Hon. Afenyo-Markin Reads Scripture at Ghana’s Inaugural National Day of Prayer and Thanksgiving

Hon. Afenyo-Markin Reads Scripture at Ghana’s Inaugural National Day of Prayer and Thanksgiving

July 1, 2025
We have a lot to thank God for - Akufo Addo empasizes significance of National Day of Prayer

We have a lot to thank God for – Akufo Addo empasizes significance of National Day of Prayer

July 1, 2025
Thailand: Court suspends PM from duty amid pending case for dismissal

Thailand: Court suspends PM from duty amid pending case for dismissal

July 1, 2025
Happy Ghana
No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
No Result
View All Result
Happy Ghana
No Result
View All Result
Home Sports

Breaking News: Bank of Ghana revokes license of GN Savings and Loans, other 22 insolvent savings and loans companies

in Sports
Breaking News: Bank of Ghana revokes license of GN Savings and Loans, other  22 insolvent savings and loans companies
Share on FacebookShare on TwitterShare on Whatsapp

The Bank of Ghana has, with effect from today, revoked the licenses of twenty-three (23) insolvent savings and loans companies and finance house companies.

According to BOG in a release, These actions were taken pursuant to Section 123 (1) of the Banks and Specialised Deposit-Taking Institutions Act, 2016 (Act 930), which requires the BoG to revoke the licence of a Bank or Specialised Deposit-Taking Institution (SDI) where the BoG determines that the institution is insolvent.

BoG says it has also appointed Mr. Eric Nipah as a Receiver for the specified institutions in line with section 123 (2) of Act 930.

Below are the 23 insolvent savings and loans companies

Subscribe to receive notification everytime a new post is published. We promise to be discrete.

Unsubscribe
Previous Post

Berekum Arsenal chief Yakubu Moro attacks Kofi Amoah

Next Post

Find out reasons why BoG revoked the licences of GN savings and loans Company

Next Post
Find out reasons why BoG revoked the licences of GN savings and loans  Company

Find out reasons why BoG revoked the licences of GN savings and loans Company

Search

No Result
View All Result

Listen Live

BBC Match of the Day Africa

Happy Ghana

Recent News

  • Happy FM Salah Food Fest 2025 – Picture Story
  • National Day of Prayer and Thanksgiving: Gomoa East DCE calls for unity among religious groups to drive development
  • President Mahama urges just and God-Fearing leadership at National Prayer Day
  • About
  • advertise
  • Privacy Policy
  • Contact Us

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.

No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.