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CBG ready to pay S&L/MFIs customers – MD

Management of Consolidated Bank Ghana (CBG) has disclosed the bank’s readiness to commence full payment of funds to depositors of collapsed microfinance, microcredit, savings...

Receiver to settle 97% of MFI, S&L depositors in cash ...

About 97.6 percent of validated depositors of the collapsed Microfinance companies and Savings and Loans and Finance Houses will be paid in cash, the...

Gov’t may not be able to pay-off DKM customers as promised

DKM Customers who are relying on government to retrieve their locked-up funds may have their hopes crushed, as government may not be in a...

Planters Capital now Daily WADS Microfinance …..following 80% acquisition by DW

Daily WADS (DW), an investment company based in Ghana has acquired 80percent stake in Sunyani based microfinance company, Planters Capital, to become majority shareholders....

PIAC worried over ‘gifting’ of oil cash

The Public Interest and Accountability Committee (PIAC) has expressed worry over the whereabouts of petroleum cash given to organisations like the Microfinance and Small...

Inlaks partners Temenos and HID Global to chart new course for...

Banks and Financial Institutions urged to innovate or face disruption Banks must be digital to the core and not just appear digital ...

BoG shuts down Wyselink Microfinance

The Bank of Ghana has cautioned the public against engaging in any financial transaction with a microfinance company by name Wyselink Microfinance Limited. The company,...

Microfinance is the major transformational tool …restoring & preserving the public...

(The case study of the Micro-Creditors in Ghana) Poverty has become an albatross for most countries and individual households especially in the developing countries...

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