I’ll pay all clients of collapsed banks Mahama – Previous President John Mahama says a future NDC government will inside one year pay all clients whose investment have been bolted up because of the monetary division cleanup embraced by government.
“We will Within one year of being in office pay customers of the collapsed financial institutions all funds locked up. We shall not put together any long plan that will delay the payment,” Mahama stated at the outdooring of his running mate Professor Jane Naana Opoku-Agyemang in Accra.
The Bank of Ghana (BoG) in 2017 left on an exhaustive change plan to fortify the administrative and administrative structure for a stronger financial part.
While a few banks had their licenses disavowed, others have been converged for their failure to raise the new 400 million-cedi least capital prerequisite as of December 31, 2018.
For different banks, the national bank uncovered gained their licenses deceitfully and using non-existent capital.