The Bank of Ghana (BoG) is cautioning the public to refrain from taking loans from unlicensed providers scattered around the country and thus issued a list containing the names of such entities.
The BoG says the activities of these unauthorized loan providers are in contravention of the Banks and Specialised Deposit-Taking Institutions Act.
BoG, in a statement, said it would soon crack the whip on these unlicensed loan providers whose activities pose a threat to the banking sector.
“Bank of Ghana is taking steps to take action against these entities and hereby advises the general public to desist from doing business with all unlicensed loan providers,” the statement warned.
Among the list of unlicensed entities providing loan services are:
1. SikaPurse Quick Online loan
2. 4Cedi Instant Mobile loan application
3. Zidisha Online Loans
4. GhanaLending Application
5. ChasteLoan Application
6. LoanClub Ghana Instant Loan
7. AdamfoPa Loan
8. MetaLending- Instant Cash Loan
9. Wohiasika Loan (Ghanaloan.net)
10. Boscafie Bosea Micro-Credit
11. Sikakasa Online Lending
12. LoanPro-digital and instant loan
13. SikaWura Loan Application
14. BegyeBosea Loan
15. LendingPapa – Online Loans
16. CrestCash Loan
17. Credxter – Loans and Hire-Purchase
18. MobiLoan Application
19. Cedi Now- Cash Loans Application
See the full statement below:
