Government seeks $5.5 billion to settle remaining clients of defunct FMCs
The government is seeking the approval of US$5.5 billion to complete payment of the bailout packages to the remaining customers ...
Tag: financial sector clean-up
Registrar-General to meet customers of defunct FMC’s today
The Registrar-General, Jemima Oware is organising virtual investor class meetings for customers of defunct fund management companies today, Thursday, November ...
Ex-staff of collapsed fund management firms appeal for salary arrears
The Coalition of ex-staff of Fund Management Companies, whose licences were revoked, is asking the government to come to their ...
Fast-track payment of our locked-up cash – Customers of aggrieved fund managers
The Coalition of Aggrieved Customers of the 53 Collapsed Fund management companies is appealing to the government to fast-track the ...
Government to announce bailout package for clients of defunct Fund Management Companies
The Securities and Exchange Commission (SEC) has disclosed that government is set to announce a bailout package for clients of ...
We’ll announce restoration of some fund management firms’ licenses soon – SEC
The Securities and Exchange Commission (SEC) will in the coming days restore the licenses of some fund management companies whose ...
Banking crisis: Not every affected customer can be paid this year – Joe Jackson
The Director of Strategy and Business Operations at Dalex Finance, Joe Jackson has backed former President John Mahama’s claim that ...
Financial sector clean up: Pay affected customers now – PEF to gov’t
The Chief Executive Officer of the Private Enterprises Federation (PEF), Nana Osei Bonsu has urged government to as a matter ...
Print money to pay depositors of collapsed financial institutions – Kwame Pianim
Renowned Economist, Kwame Pianim, has suggested that the government considers approving the printing of money by the Bank of Ghana ...
Akufo-Addo approves GH₵15.6 bn expenditure to strengthen financial sector
President Akufo-Addo has approved a GH₵15.6 billion request by the Finance Minister to support the financial sector. According to a ...
Banking sector clean-up must be managed well to build public confidence – Researcher
A Senior Research Officer at the Center for Democratic Development (CDD), Daniel Armah-Attoh has said that Ghanaians may lose interest ...
Help customers of collapsed financial institutions recover their money – Catholic Bishops to gov’t
The Ghana Catholic Bishops' Conference has appealed to the government to help customers of the defunct banks and savings and ...
Mahama bemoans collapse of financial institutions
The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has expressed concern over the effect the collapse of ...
Banking crisis: Money borrowed for clean-up could’ve saved banks – Minority
The government could have spent less than the almost GHc23 billion used for the financial sector clean-up on saving jobs ...
‘You caused the banking sector mess’ – Bawumia fires Mahama
Following former President John Dramani Mahama’s criticism of the government’s ongoing financial sector clean-up, the Vice President, Dr. Mahamudu Bawumia, ...
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