Details: BoG answers all your questions about revocation of licenses of insolvent microfinance institutions

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The Bank of Ghana has answered most of the Frequently Asked Questions (FAQs) on why it revokes the licenses of insolvent micro-finance institutions.

Just today, Friday, May 31, 2019, the BoG announced the revocation of the licenses of as many as 347 micro-finance companies.

Read the 14 answered questions below:

FAQs-Revocation of Licences of Insolvent Microfinance Institutions




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Kennedy Mornah is an Award Winning Ghanaian Journalist with over two decades of experience in the Ghanaian Media landscape spanning the electronic, print and digital media. He is a Media Consultant, a Corporate MC, Radio and TV Host, Founder and Publisher of the Maritime and Transport Digest Newspaper, Businessman, a Go getter and an optimist. He has worked for renowned media organizations including Diamond Fm in Tamale, Luv Fm in Kumasi, Oman Fm in Accra and Starr Fm in Accra In 2017 he received the Reporter of the Year Award at the Ghana Shippers Awards in Accra, Ghana.

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