These 25 savings and loans companies in Ghana are currently in good standing and are operating

25 savings and loans companies in Ghana have been left to operate currently.
This follows a massive clean up by the Bank of Ghana in the sector
The central bank said the 25 companies are in good standings and are able to meet the obligations of customers.

The central bank revealed that these companies were insolvent and could no longer meet the obligations of customers.

It said, “It is the Bank of Ghana’s assessment that these institutions have no reasonable prospects of recovery, and that their continued existence poses severe risks to the stability of the financial system and to the interests of their depositors.”

Meanwhile, the central bank’s action left 25 savings and loans companies in good standing.

These banks are currently in good standing, according to the BoG and are able to meet the obligations of customers.

Here are the Savings and Loans Companies that are currently in good standing, according to the BoG

1. ABii National Savings and Loans Ltd

2. Adehyeman Savings and Loans Company Ltd.

3. Advans Ghana Savings and Loans Ltd.

4. Asa Savings and Loans Company Ltd.

5. Assurance Savings and Loans Ltd.

6. Bond Savings and Loans Ltd.

7. Best Point Savings and Loans Ltd.

8. Bayport Savings and Loans Plc.

9. Direct Savings and Loans Ltd.