• About Us
  • Contact Us
  • Photo Gallery
  • Privacy Policy
  • Terms of Use
  • Citi TV
Thursday, May 19, 2022
Citinewsroom - Comprehensive News in Ghana
  • Home
  • News
  • Business
  • Sports
  • Showbiz
  • Coronavirus
  • Infographics
  • Livestream
  • Videos
No Result
View All Result
Citinewsroom - Comprehensive News in Ghana
  • Home
  • News
  • Business
  • Sports
  • Showbiz
  • Coronavirus
  • Infographics
  • Livestream
  • Videos
No Result
View All Result
Citinewsroom - Comprehensive News in Ghana
No Result
View All Result

U/E: Customers angry at First Allied over held up deposits

Delali Adogla-BessabyDelali Adogla-Bessa
September 4, 2018
Reading Time: 2 mins read
File photo: A First Allied Savings and Loans branch.

File photo: A First Allied Savings and Loans branch.

ShareShareShareShare

Customers of First Allied Savings and Loan in the Upper East Region are calling on the Bank of Ghana (BoG) to investigate the management of the Bank over its inability to pay its customers for the past three months.

The customers on Monday besieged the Bolgatanga branch of the company demanding their unpaid investments.

According to the customers, the situation is negatively affecting their livelihood, hence the need for the Bank of Ghana’s intervention.

The banking hall of the Bolgatanga branch of First Allied Savings and Loans, which usually opens at 8:30am, was closed as at 9:25am.

Hundreds of customers who have their investments turned up for their monies as promised them by the management, after three months of failing to pay them.

Speaking to Citi News, the angry customers said they were not leaving the premises until the investments are paid.

One customer said “All I have to say is I am taking my money, they have promised us for the past three months and now all we want is our money, if not, blood will come out today. We were here 2:00 am.”

Another customer said, “last month, I wanted to close my account because of the way the manager talked to me. He promised to give me GHC1,000, but failed to fulfill the promise due to lack of funds. I came here for my money and if I am not getting it today, I  want the government to intervene in this issue”.

National Public Relations Officer of First Allied Savings and Loans, Jones Yeboah, said although management of the bank cannot tell when all customers will be paid, they were bent on resolving the matter.

“It is true, and we had panic withdrawals last three months and due to that, the management tried our best to resolve that issue.”

“I can’t even give you the assurance that those people we are going to give them their money, we can’t predict the date that everybody should come for their money after resolving the panic withdrawal. When you call all customers to come for their money you are collapsing the bank so we will resolve it gradually”.

–

By: Frederick Awuni/citinewsroom/Ghana

ShareTweetSendSend
Previous Post

Probing banking crisis: Speaker petitioned to make hearings public

Next Post

GES releases SHS placement for double track system

Related Posts

Top Stories

It’s time for Africa to prosper; reduce dependence on foreign aid – Nana Addo

May 19, 2022
Top Stories

NDC suspends Amasaman Constituency chairman for issuing fake party cards

May 19, 2022
General

IT Consortium’s fundraiser app Chango, raises GHS 67,500 for National Cardiothoracic Center

May 19, 2022
Top Stories

One arrested in Bawku over armed attack on traders at Binnaba market

May 19, 2022
Top Stories

Takoradi fake pregnancy case: Court asks defense to file witness statements by June 7

May 19, 2022
Politics

I’ll build a united NPP to break the 8 – Aspiring Ashanti Regional Chairman

May 19, 2022
Next Post
free-shs-logo

GES releases SHS placement for double track system

TOP STORIES

It’s time for Africa to prosper; reduce dependence on foreign aid – Nana Addo

May 19, 2022

NDC suspends Amasaman Constituency chairman for issuing fake party cards

May 19, 2022

IT Consortium’s fundraiser app Chango, raises GHS 67,500 for National Cardiothoracic Center

May 19, 2022
Load More
ADVERTISEMENT
Citinewsroom – Comprehensive News in Ghana

CitiNewsroom.com is Ghana's leading news website that delivers high quality innovative, alternative news that challenges the status quo.

Archives

Download App

Download

Download

  • About Us
  • Contact Us
  • Photo Gallery
  • Privacy Policy
  • Terms of Use
  • Citi TV

© 2021 All Rights Reserved Citi Newsroom.

No Result
View All Result
  • Home
  • News
  • Business
  • Sports
  • Showbiz
  • Coronavirus
  • Infographics
  • Livestream
  • Videos

© 2021 All Rights Reserved Citi Newsroom.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT