The central bank announced that it had revoked the licences of some 347 microfinance institutions in the country.
These 137 microfinance companies in Ghana are currently in good standing and are operating
The Bank of Ghana (BoG) last Friday, descended on Non-bank financial institutions as part of its measures to sanitise the financial sector.
Bank of Ghana
A statement from the central bank further noted that some of the institutions were insolvent while others had been out of operation for some time now.
BoG also said it has informed the Registrar of Companies at the Registrar General’s Department about the revocation and has requested that the Registrar commences “winding up proceedings against these companies.”
A total number of 137 microfinance companies who according to the BoG are in good standing will continue to operate.
ADVERTISEMENT
Here’s the list of the 137 microfinance companies operating currently in Ghana
Microfinance companies operating in Ghana
Pulse Ghana
Microfinance companies operating in Ghana
Pulse Ghana
Microfinance companies operating in Ghana
Pulse Ghana
Microfinance companies operating in Ghana
Pulse Ghana
ADVERTISEMENT
Microfinance companies operating in Ghana
Pulse Ghana
Microfinance companies operating in Ghana
Pulse Ghana
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: news@pulselive.co.ke
Recommended articles
African countries with the highest divorce rate
10 African cities with the highest crime index at the start of 2024
Machoka at 70: Emotions run high during Citizen TV presenter's birthday [Video]
Diwali 2022: Is Monday a public holiday in Kenya?
Akothee finally reveals reasons for separating from Omosh 1 month after wedding
Man, once a ‘billionaire’, recounts how he lost wealth, now sells his book on streets [Video]
Details of Ngina Kenyatta's luxurious restaurant
Zero Chills! Jackie Matubia's advice for Milly Chebby amid the unfollow drama