Tag: microfinance institutions
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BoG to uproot deceitful microfinance companies
Dr Abdul-Nashiru Issahaku, the Governor of Bank of Ghana, said recent events had shown that unregulated and poorly supervised financial systems might lead to...
Microfinance institutions came to better the lives of people – NFS CEO
He said microfinance institutions have rather come to better the lives of the people by creating jobs and expanding businesses of the small and...
BoG to build capacities of Microfinance Institutions
He said BOG would also educate such financial intuitions and the public on what they need to know about their affairs.
“Some do not have...
Savings and Loans companies differ from Microfinance institutions
Dr Emmanuel O. Owusu, the President of the Ghana Association of Savings and Loans Companies (GHASALC), explained that Savings and Loans Companies were classified...
BoG Asked To Place Cap On Interest Rate
He said, the move if adopted, will help check the unrealistic interest rates being used to entice unsuspecting customers who have very little knowledge...
